Interest on calls-in-arrears is charged according to "Table F" at the rate of .........p.a.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → 10%
Table F sets two different rates that students often swap: 10% p.a. charged on calls in arrears and up to 12% p.a. paid on calls in advance. The company charges less on money it is owed than it may pay on money received early.
NCERT (2026-27 edition):
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