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Please help me how to write like that please don't spam |
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Answer» Interest on her DRAWINGS will be ₹ 900Explanation:Given:WITHDRAWN amount ₹6,000Time of withdrawal = At the end of each quarterRate of interest = 10% P.a.Interest on drawings = ??SOLUTION :Total amount of drawings = 6,000 × 4Total amount of drawings = ₹ 24,000If drawings are made at the end of each quarter :AVERAGE period = 4.5★ Interest on drawings =\sf{\longrightarrow{Amount \: of \: drawings \: \times \: \dfrac{Rate \: of \: interest}{100} \: \times \: \dfrac{Average \: period}{12}}}⟶Amountofdrawings× 100Rateofinterest × 12Averageperiod \longrightarrow{\sf{24,000 \: \times \: \dfrac{10}{100} \: \times \: \dfrac{4.5}{12}}}⟶24,000× 10010 × 124.5 \sf{\longrightarrow{900}}⟶900Interest on drawings = ₹ 900∴ Interest on her drawings will be ₹ 900 |
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