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 forthwith by payment of ready money and the rate of interest be 6% per annum, then who should pay and how much ?

A. A Rs. 50
B. B Rs. 50
C. A Rs. 70
D. B Rs. 70
Answer» C. A Rs. 70


Discussion

No Comment Found

Related MCQs