Jaya borrowed rupees 50000 for 2 years the rates of interest for two successive years at 12% and 15% respectively Rupees 33000 at the end of first year find the amount she must pay at the end of second year to clear her debt
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Answered by
4
a=p (1+r/100)
a= 50000(1+12/100)'
a=50000*112/100
a =500*112
a =56000
Answered by
14
Answer:
Loan. .50000
Int for Istyr=50000x12/100=6ooo
Total = 56000
Amt. Repaid=33ooo
Balance =23ooo
Int.for 2ndyr. =23000x15/100
230x15=3450
Total amount to be paid to clear
debt=23ooo+3450 = Rs 26450
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