Question
Simple interest earned on an amount of Rs. 2600 at rate
of R% per annum after 4 years is Rs. 1300. Find the simple interest earned on an amount of Rs. 1200 at rate of (R + 6)% per annum after 3 yearsSolution
According to question, 1300 = 2600 × R% × 4 R = 12.5% Therefore, required interest = 1200 × (12.5 + 6)% × 3 = Rs. 666
The preparation of a trial balance is for:
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