Rs 40 lakh loan at 10%; capitalised for 6 months only. Amount?
ARs 3,00,000
BRs 4,00,000
CRs 1,00,000
DRs 2,00,000
Answer & Solution
Correct answer: D. Rs 2,00,000
Annual interest is 4,00,000, and half the year is 2,00,000 for the period when the criteria were met.
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