If the bank pays interest at different rates for different periods as – InterviewSolution

InterviewSolution

1.	If the bank pays interest at different rates for different periods as follows (i) 4% per annum up to the date 1-9-2006 (ii) 3% annum form 2-9-2006 to 31-12-2006 ltbnrgt Then the total interestis _______
Answer» RS 285 Rs 310 Rs 290 Rs 303 Solution :Find the MINIMUM balance TILL 1-9-06 SIMILARLY find the minimum balance from 2-9-06 to 31-12-06

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