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Aashish draws Rs. 10,000 on the first of each month; interest at 8 per cent. Interest for the year?
ARs. 4,800
BRs. 5,200
CRs. 6,000
DRs. 4,400
Answer & Solution
Correct answer: B. Rs. 5,200
Rs. 1,20,000 x 8/100 x 6.5/12 equals Rs. 5,200.
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