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A trader owes a merchant Rs.10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest is 12% per annum, how much cash should he pay? A. Rs.9025.20B. Rs.9200C. Rs.9600D. Rs.9560

A trader owes a merchant Rs.10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest is 12% per annum, how much cash should he pay?
A. Rs.9025.20B. Rs.9200C. Rs.9600D. Rs.9560

Grade:12th pass

1 Answers

Pawan Prajapati
askIITians Faculty 60796 Points
2 months ago
Our expert is working on this Class IX Maths answer. We will update the answer very soon.

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