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 interest is _______A. Rs 285B. Rs 310C. Rs 290D. Rs 303

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

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 interest is _______A. Rs 285B. Rs 310C. Rs 290D. Rs 303
Answer» Correct Answer - d 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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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 interest is _______A. Rs 285B. Rs 310C. Rs 290D. Rs 303

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