1. Home
  2. /
  3. Blog
  4. /
  5. Uncategorised
  6. /
  7. Chapter 2: Accounts of...

Chapter 2: Accounts of ‘Not for Profit’ Concerns.

30 Dec 2020 7:49 pm

Balbharati, Solutions, for, Book-keeping, and, Accountancy, 12th, Standard, Hsc, Maharashtra, State, Board, Chapter 2, Accounts of ‘Not for Profit’ Concerns, Full solution,

12% p.a. Interest on Bank loan ₹ 80,000 for 1 year.


Solution: 
12 % p.a. Interest on Bank loan ₹ 80,000 for 1 year.

Interest = (PNR/100) = 80000 x (12/100) = ₹ 9600


Thus, interest on Bank loan ₹ 80,000 for 1 year = ₹ 9600.


VISITORS COUNT

087830
Users Today : 515
Total Users : 87829
Views Today : 1917
Total views : 365236

Browse Categories

Archives