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A partner advanced ₹80,000 on 1 April, no rate agreed. Interest to 30 September?

A₹4,800
B₹1,200
C₹3,600
D₹2,400
Answer & Solution
Correct answer: D. ₹2,400
Six percent a year on 80,000 is 4,800, and half a year of it is 2,400.
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