GIVING BRAINLIEST. Find the amount to be paid at the end of the second year
₹1,40,000 is borrowed at 5.5% rate of interest per annum for 2 years. Find the amount to be paid at the end of the second year
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Answer:
155400
Step-by-step explanation:
given principle P=140000
rate of interest r=5.5%
time t=2yrs
tr%=2*5.5=11%
amount =P+I
=100%+11%
=111%of principle
=111*1400
=155400
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