Q4: a) How much money would MR. Saad receive after 3 years if he invests Rs.12000 today at 6% simple interest?

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solve a,b and c please.

Q4: a) How much money would MR. Saad receive after 3 years if he invests Rs.12000 today at
6% simple interest?
b) A debt of Rs.2,000 is due in 6 months. If the rate of interest is 6%, What is the value of the
debt if it is paid after two months.
e) Mr Hamid had a note for Rs.2500 with an interest rate of 6%. The note was dated March 15,
1984 and the maturity date was 90 days after date. On March 30, 1984 he took the note to his
bank which discounted it at a discount rate of 7%. How much did he receive from the bank?
Transcribed Image Text:Q4: a) How much money would MR. Saad receive after 3 years if he invests Rs.12000 today at 6% simple interest? b) A debt of Rs.2,000 is due in 6 months. If the rate of interest is 6%, What is the value of the debt if it is paid after two months. e) Mr Hamid had a note for Rs.2500 with an interest rate of 6%. The note was dated March 15, 1984 and the maturity date was 90 days after date. On March 30, 1984 he took the note to his bank which discounted it at a discount rate of 7%. How much did he receive from the bank?
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