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july sales igst 300000 how calculation interest
interest please
Replies (2)
Interest rate @ 18%p.a. You ll calculate as following
300000*18%/365 * (no of delayed Days)
from 21st August to when you ll pay the amount...
300000*18%/365 * (no of delayed Days)
from 21st August to when you ll pay the amount...
If you will pay today then total no of days 152
300000 * 18% / 365 * 152 = 22,488...
300000 * 18% / 365 * 152 = 22,488...
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