alleryStart learning →A Rs 10 lakh loan at 12% funds a plant for a year; Rs 20,000 earned on idle funds. Capitalised amount?
ARs 20,000
BRs 1,40,000
CRs 1,20,000
DRs 1,00,000
Answer & Solution
Correct answer: D. Rs 1,00,000
Interest of Rs 1,20,000 less Rs 20,000 temporary investment income gives Rs 1,00,000 eligible.
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