Question

kabeer borrowed rs 36000 at 12 percentage simple interest. at the end of 2years , he paid back rs 27900. how much mist he pay at the end of the fourth year in order to settle the loan
pls give full explanation.​

Answer 1

Ans

Rs 20757.6

Step-by-step explanation:

Money kabeer borrowed-36000

Simple interest-12 percent

Therefore, money needed to be paid at the end on 1 year- 36000+12/100*36000 or 36000+4320 or 40320

Money needed to be paid at the end of 2 yrs- 40320+4320 or 44640.

money paid back at the end of 2 yrs - 27900

money left to be paid - 44640-27900 or 16740

total money needed to be paid- 16740+12/100*16740+12/100*16740 or 20757.6

Answer 2

Answer:

OK sister what re you doing