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If the agreement says interest on retiring partner's loan is compounded annually, what happens if simple interest is applied?निवृत्त साझेदार के ऋण खाते में यदि समझौता कहता है कि ब्याज वार्षिक चक्रवृद्धि होगा, तो सरल ब्याज लगाने से क्या होगा?
Answer and explanationउत्तर और व्याख्या
Correct answer:सही उत्तर: Amount payable will be understatedदेय राशि कम निकलेगी
In compound interest, interest is also added to principal, so simple interest gives lower amount. Exam tip: read the nature of interest carefully.चक्रवृद्धि में ब्याज पर भी ब्याज जुड़ता है, इसलिए सरल ब्याज कम होगा। परीक्षा में ब्याज की प्रकृति ध्यान से पढ़ें।
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