Question

(a) Vikram borrowed 100000 from a bank at 10% compound interest p.a. He repays 140000
at the end of first year and 45000 at the end of second year. Find the amount outstanding at
the beginning of third year.​

Answer 1

(a) Vikram borrowed 100000 from a bank at 10% compound interest p.a. He repays 140000

at the end of first year and 45000 at the end of second year. Find the amount outstanding at

the beginning of third year.