1 A sum of Rs 800 is borrowed for one year at the rate 18%. Find the
interest and amount paid.
3
Answers
Answered by
1
Answer:
Amount paid at the end of 1 year = 800(1+
100
10
)
=
100
800×110
=880
Amount left as principal for the second year
=888−400=480
Amount to be paid after 2 nd year = 480(1+
100
10
)
=480(
100
110
)
=Rs528
Step-by-step explanation:
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