Find: S.l. on Rs 3000 at 18% per annum for the period from 4th

118
105
108
110

Correct Answer: 108

Explanation:

(24 + 31 + 18) days = 73 days = 1/5 year .

P = Rs 3000 and R = 18 % p.a.

$S . I = \frac{3000 * 18 * \frac{1}{5}}{100}$

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