Question

A farmer takes a loan of 25,000 from a
agricultural cooperative society and gives 5%
simple interest. Out of 25,000 he repays
15,000 at the end of first year. How much
he will have to repay the total loan at the end
of second year.
[W.B.M. 2007]​

Answer 1

Answer:

Results (41795)

A man borrowed some amount of a money at 5% compound interest annually , at the end of the first year he repays rs 3150 and at the end of second year by giving 44.