Question

Kishan borrowed a certain sum from the bank. The bank charges a simple interest of 10 % per annum. Kishan later realized that he no longer needs the entire money. So he lent 60 percent of the borrowed sum to Vikas at the rate of 20% per annum compounded annually. At the end of 3 years, Vikas paid him a sum of Rs. 1555200. How much amount(in Rs.) will Kishan pay to the bank if he repays the entire loan at the end of 4 years? ​

Answer 1

Answer:

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