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A owes B , Rs 1573 payable 1 1/2 year...

A owes `B` , Rs 1573 payable `1 1/2` years hence. Also `B` owes `A` , Rs 1444.50 payable 6 months hence. If they want to settle the account forthwith, keeping 14% as the rate of interest, then who should pay and how much? `A` , Rs 28.50 (b) `B` , Rs 37.50 (c) `A` , Rs 50 (d) `B` , Rs 50

A

`A to B, Rs 28.50`

B

`B to A, Rs 37.50`

C

A to B, Rs 50

D

B to A, Rs 50

Text Solution

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The correct Answer is:
D
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