If a loan of ₹86000 amounts to ₹98900 in 2 years. How much will it amount to in 3 years at the same rate of simple interest?
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Answer:
rps 1,05,350/-
Step-by-step explanation:
- if it come 98900 in 2 years (86000 principal amount)
- then the total interest is 12900 (2years)
- since rps 6,450 per year
- if we pay for 3 years it comes
- 12900(2years)+6450(1year)=19350 rps
- total amount =86000+19350=105350 rps
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