InterviewSolution
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Calculate the interest on drawings of Mr. Arun at 10% p.a. for the year ended 31st March,2017 in each of the following alternative cases: Case (a) If he withdrew Rs 5,000 p.m. in the beginning of every month; Case (b) If he withdrew Rs 5,000 p.m. at the end of every month; Case (c) If he withdrew Rs 5,000 p.m. during the year; Case (d) If he withdrew Rs 60,000 during the year; Case (e) If he withdrew as follows: Rs1st June, 201620,00031st August, 201610,00031st Oct., 201618,0001st Feb., 201712,000 Case (f) If he withdrew Rs 15,000 in the beginning of each quarter; Case (g) If he withdrew Rs 15,000 at the end of each quarter; Case (h) If he withdrew Rs 15,000 during the middle of each quarter; |
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Answer» Calculate the interest on drawings of Mr. Arun at 10% p.a. for the year ended 31st March,2017 in each of the following alternative cases: Case (a) If he withdrew Rs 5,000 p.m. in the beginning of every month; Case (b) If he withdrew Rs 5,000 p.m. at the end of every month; Case (c) If he withdrew Rs 5,000 p.m. during the year; Case (d) If he withdrew Rs 60,000 during the year; Case (e) If he withdrew as follows: Rs1st June, 201620,00031st August, 201610,00031st Oct., 201618,0001st Feb., 201712,000 Case (f) If he withdrew Rs 15,000 in the beginning of each quarter; Case (g) If he withdrew Rs 15,000 at the end of each quarter; Case (h) If he withdrew Rs 15,000 during the middle of each quarter; |
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