Calculate the amount that needs to be repaid at the end of 3 years if a sum of 1,20,000 is borrowed on simple interest for the first year and on compound interest for the next 2 years, with the rate of interest in both the cases being 8% p.a.
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Here, the Principal P = 20,000, number of years n = 2, rate of interest r = 20%. Therefore, Amount A=20000(1+20100)2=20000(3625) = Rs. 28,800
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didi ji
aap konsa method use kr rhe ho!!
btao jaldi meri pyarri didi
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