A owes B, Rs. 1120 payable 2 years hence and B owes A, Rs. 1081.50 payable 6 months hence. If they decide to settle their accounts forth with by payment of ready money and the rate of interest be 6% p

A owes B, Rs. 1120 payable 2 years hence and B owes A, Rs. 1081.50

1.	A owes B, Rs. 1120 payable 2 years hence and B owes A, Rs. 1081.50 payable 6 months hence. If they decide to settle their accounts forth with by payment of ready money and the rate of interest be 6% p
A.	A, Rs. 50
B.	B, Rs. 50
C.	A, Rs. 70
D.	B, Rs. 70
Answer» C. A, Rs. 70

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A owes B, Rs. 1120 payable 2 years hence and B owes A, Rs. 1081.50 payable 6 months hence. If they decide to settle their accounts forth with by payment of ready money and the rate of interest be 6% p

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