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Opening capital ₹1,00,000; additional ₹50,000 introduced after 6 months; interest at 10% p.a. Total interest on capital is
A₹7,500
B₹10,000
C₹15,000
D₹12,500
Answer & Solution
Correct answer: D. ₹12,500
On 1,00,000 for full year: 10,000. On 50,000 for 6 months: 50,000×10%×6/12 = 2,500. Total = ₹12,500.
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