a man bought a car and paid 12000 as a down payment he told the seller that he would pay 13050 after 1 year and 22680 after 2 years at 12.5% compound interest per annum at what amount did he purchase the car
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them the gates of larger life, you will receive them more ... the amount of interest earned by the fund. ... by resolution at the 2004 Convention (following a year of study in 2003 as a task.
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let the purchase of car be X.
equation will be :-
{(X-12000)+12.5%-13050) +12.5%- 22680=0
Answer is X= ₹41520.
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