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Commerce · Q2361

Accounting

Graduate and Post Graduate · Commerce · question 2361

Q2361

Profit before tax of the company is Rs. 2,00,000 if the interest period is 5, what will be the amount of interest?

A.
Rs. 20,000
B.
Rs. 33,333
C.
Rs. 40,000
Answer
D.
Rs. 50,000

Answer: Option C

Solution

Answer: Option C
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