A man borrows Rs.10,000 at 10% C.I. compounded yearly . At the end of each year he pays back 30% of the amount for that year . How much money is left unpaid just after 2nd year ?
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borrowed amount= 10000
RI 10%
1st year CI = 10000*10/100= 1000
total amount = 11000
less 30% i.e 3000 so remaining amount = 8000
nowat the end of the 2nd year 8000*10/100= 800
Total money left = 8800
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