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34. A person has borrowed money from a co-operative bank. His transactions are as under. If interest rate is 18% then calculate the interest

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34. A person has borrowed money from a co-operative bank. His transactions are as under. If interest rate is 18% then calculate the interest for the month. Date 1st August 2008 6th August 2008 13th August 2008 26th August 2008 28th August 2008 Money Lent (Rs.) 80,000 40,000 1,20,000 Money Paid (Rs.) 90,000 - 70,000

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