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Interest

The document outlines loan transactions with dates and amounts, totaling Rs 4,50,000. It also details interest calculations for various periods, resulting in a total interest of Rs 14,299 after deducting Rs 5,000. The final interest amount is Rs 9,298.

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ASHOK AGARWAL
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20 views1 page

Interest

The document outlines loan transactions with dates and amounts, totaling Rs 4,50,000. It also details interest calculations for various periods, resulting in a total interest of Rs 14,299 after deducting Rs 5,000. The final interest amount is Rs 9,298.

Uploaded by

ASHOK AGARWAL
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Loan Date Payment Date Amount

25 th Sep 2020 1,00,000


21 th Oct 2020 1,50,000
07th Dec 2020 50,000
22nd Jan 2021 1,50,000
27th Jan 2021 1,00,000

Interes
t
From To No. Of Days Amount Interest
27-Jan-21 31-Jan-21 05 Days Rs 1,00,000 Rs 458
1-Jan-21 25-Feb-21 25 Days Rs 1,00,000 Rs 2,291
1-Jan-21 1-Feb-21 28 Days Rs 4,50,000 Rs 11,550
Rs 14,299
-Rs 5,000
Rs 9,298

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