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In illustration 1 sub point 3 how did 41600 came explain the answer clearly

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Kanaga Mani

Kanaga Mani

CA Inter

1K+

27-Nov-20 12:26

12

Answers (2)

Best Answer

80,000 x 8% x 6.5


Suraj Lakhotia

Suraj Lakhotia

Admin

27-Nov-20 13:19

80,000 x 8% x 6.5

First deposit is outstanding for 12 months. Last deposit is outstanding for 1 month. On an average 6.5 months.


Suraj Lakhotia

Suraj Lakhotia

Admin

27-Nov-20 13:19