Q8
The interest burden in 1991-92 was higher than that in 1990-91 by
A.
50%
B.
Rs. 25 lakh
AnswerC.
90%
D.
Rs. 41 lakh
Answer: Option B
Solution
Answer: Option B
Solution:
Interest in 1990-91= 30% of 130
= 39 lakh
Interest in 1991-92
= 40% of 160
= 64 lakh
Hence, difference = Rs. 25 lakh