Question

Mohan borrowed rupees 50,000 at 16% per annum interest rate from a finance company. how much money he will have to return after 5 1/2 years.​

Answer 1

Step-by-step explanation:

The tonne is a metric unit of mass equal to 1,000 kilograms. It is commonly referred to as a metric ton in the United States. It is equivalent to approximately 2,204.6 pounds, 1.102 short tons or approximately 0.984 long tons. The official SI unit is the megagram, a less common way to express the same mass.

Answer 2

Answer:

For 1

st

year

P=50000

R=10%

T=1

∴S.I=

100

PTR

=

100

50000×10×1

=Rs.5000

∴A=P+S.I

=55000

Now, 25000 is repaid

∴

′

P

′

for second year =55000−25000

=30000

T=1

R=10

∴S.I=

100

30000×1×10

=Rs.33000

∴ Money outstanding =(33000−25000) =Rs.8,000

∴ =8000