Q56
A owes B, Rs. 1573 payable 1 1 2 years hence. Also B owes A, Rs. 1444.50 payable 6 months hence. If they want to settle the account forthwith, keeping 14% as the rate of interest, then who should pay and how much ?
A owes B, Rs. 1573 payable years hence. Also B owes A, Rs. 1444.50 payable 6 months hence. If they want to settle the account forthwith, keeping 14% as the rate of interest, then who should pay and how much ?
A.
A Rs. 28.50
B.
B Rs. 37.50
C.
A Rs. 50
D.
B Rs. 50
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
A owes = P.W. of Rs. 1573 due years henceB owes = P.W. of Rs. 1444.50 due 6 months hence