Question

Kamal borrowed rupees 26400 from a bank to buy a scooter at the rate of 15% Pak compounded yearly what amount will ship pay at the end of 2 years and 4 months to clear the loan

Answer 1

Now, Simple Interest for 4 months will be calculated and Principal will be Rs. 34914. Hence, after 2 years and 4 months, Kamala will pay Rs. 36659.7 to clear the loan.

Step-by-step explanation:

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