MCQOPTIONS
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| 1. |
A has to pay Rs. 220 to B after 1 years . B asks A to pay Rs. 110 in cash and defer the payment of Rs. 110 for 2 years. . A agrees to it . If the rate of interest be 10% per annum , in this mode of p |
| A. | There is no gain or loss to any one |
| B. | A gains Rs. 7.34 |
| C. | A loses Rs. 7.34 |
| D. | A gains Rs. 11 |
| Answer» C. A loses Rs. 7.34 | |