Rs.1440 - 1200 = Rs.240 is the interest on Rs.1200 for one year.
Rate of interest = (100 x 240) / (1200) = 20% p.a
Let p = Rs. 100.
Then, S.I is Rs. 50 and time = 5 years.
= 10% p.a.
Now, p = Rs. 12,000 , T = 3 years and R = 10% p.a.
C.I. = Rs.
= Rs. 3972
i=j/m
Maturity value = PV(1 + i)^n
Term = 5 years - 21 months= 3.25 years
Price paid = FV(1+ i )^-n
i=j/m
n =m(Term) = 2(15.5) =31
Fair market value Present value of the face value
=FV(1+ i)^-n
FV=P(1+r/n)^nt
t=3
Amount
= Rs[7500x(1+4/100)²]
=Rs.(7500 * 26/25 * 26/25)
=Rs.8112
C.I
= Rs(8112 - 7500)
=Rs.612
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