Question
Find the period when simple interest on Rs.4000 at 6%
per annum will be Rs.400.Solution
SI = P x R x T / 100 400 = 4000 x 6 x T / 100 T = 10/ 6 years T = 10 / 6 x 12 months = 20 Months
Identify the option that can be termed as Policy Withdrawal.
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