Match List-I with List-II. List-1 (Interest on Drawings) List-II Time…

The correct answer is option 3- (A)-(II), (B)-(III), (C)-(I), (D)-(IV).

List-1  (Interest on Drawings)	List-II  Time (Month)
(A) When the amount is withdrawn at the beginning of each month	(II) 6.5 months
(B) When the amount is withdrawn at the end of each month	(III) 5.5 months
(C) When the amount is withdrawn at the middle of each month	(I) 6 months
(D) When the amount is withdrawn at the end of each quarter	(IV) 4.5 months

 

(A) When the amount is withdrawn at the beginning of each month-(II) 6.5 months.
 Ist drawing = 1st April, so months left after it are 12.
Last drawing = 1st March, so months left after it are 1.
Average Period = (No. of months left after 1 drawings + No. of months left after last drawings)/2
                       = (12+1)/ 2
                       = 6.5 months

(B) When the amount is withdrawn at the end of each month-(III) 5.5 months.
Ist drawing = 30 April. So, months left after ist drawing is 11.
Last drawing = 31 March. So, months left after last drawing is 0.
Average period = (Months left after ist drawings + Months left after last drawings)/2
                      = (11+0)/2
                      = 11/2
                      = 5.5

(C) When the amount is withdrawn at the middle of each month-(I) 6 months.
Ist drawings = 15 April. Months left after it is 11.5
Last drawing = 15 March. Months left after this is 0.5
Average Period = (No. of months left after 1 drawings + No. of months left after last drawings)/2
                      = (11.5+0.5)/ 2
                      = 6 months

(D) When the amount is withdrawn at the end of each quarter-(IV) 4.5 months.
Ist drawing = 30th June, so months left after it are 9.
Last drawing = 31st March, so months left after it are 0.
Average Period = (No. of months left after 1 drawings + No. of months left after last drawings)/2
                      = (9+0)/ 2
                      = 4.5 months