Calculate interest on drawings @ 12% p.a. for Gambhir if he withdrew 7 2,000 once at the beginning of each month:
A. 7 1,560
B. 7 1,500
C. 7 1,200
D. 7 1,000
Answer:A
Calculate interest on drawings @ 12% p.a. for Gambhir if he withdrew 7 2,000 once at the beginning of each month:
A. 7 1,560 B. 7 1,500 C. 7 1,200 D. 7 1,000