Question

Jaya borrowed ₹50000 for two years.The rates of interest for two successive years are 12% and 15% respectively.She repay ₹33000 at the end of first year.Find the amount she must pay at the end of second year to clear her depth.

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

Principal(P₁) = ₹50000

Rate(R₁) = 12%

Time = 1 year

Interest(I₁) = P X R X T / 100

                 = 50000 X 12 X 1 / 100

                 = ₹6000

Amount(A1) = P1 + I1

                   = 50000 + 6000

                   = ₹56000

Money paid by him = ₹33000

So, Principal (P2) = 56000 - 33000

                            = ₹23000

So, P2 = ₹23000

R2 = 15%

Interest(I2) = 23000 X 15 X 1 / 100

                  = ₹3450

Amount(A2) = 23000 + 3450

                    = ₹26450

So, she must pay at the end of 2nd year is ₹26450

Step-by-step explanation:

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