A is regularly drawing Rs. 500 on 16th of every month. if he is to pay interest on Rs. 6000 at a given rate, then the interest for the total period will be
A. 5 months
B. 6 months
C. 7 months
D. $$5\frac{1}{2}$$ months
Answer: Option B
This Question Belongs to Commerce >> Accounting
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