Rashmi owes Amit Rs.1690 for 2 1/2 years. Amit also owes Rashmi Rs.1593 for 1 1/2 years. If he now wants to settle the accounts at the interest rate o
Question
Rashmi owes Amit Rs.1690 for 2 1/2 years. Amit also owes Rashmi Rs.1593 for 1 1/2 years. If he now wants to settle the accounts at the interest rate of 12%, then who among the two will have to pay and how much?
A.
Amit Rs.50
B.
Amit Rs.25.50
C.
Rashmi Rs.37.50
D.
Rashmi Rs.50
Correct option is A
Amit Rs.50
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