A) X Rs.16,000; Y Rs.8,000
B) X Rs.9000; Y Rs.6,000
C) X Rs.10,000; Y Rs.5,000
D) No interest will be allowed
Correct Answer: A
Solution :
[a] X Rs.16,000; Y Rs.8,000 |
Hint: Interest on Capital: |
X = 2,00,000 \[\times \frac{8}{100}\] = Rs.16,000 |
Y = 1,00,000 \[\times \frac{8}{100}\]= Rs.8,000 |
Note: Interest on capital is treated as a charge therefore fun interest will be provided. |
You need to login to perform this action.
You will be redirected in
3 sec