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MATHEMATICS

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Question 5

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Given the following details, calculate the simple interest at the rate of 6% per annum up to June 30:-

Date

Debit
Rs.

Credit
Rs.

Balance
Rs.
Jan 1 -- 24000.00 24000.00
Jan 20 5000.00 --
19000.00
Jan 29 --
10000.00 29000.00
March 15 --
8000.00 37000.00
April 3 --
7653.00 44653.00
May 6 3040.00 --
41613.00
May 8 --
5087.00 46700.00
 


 
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