Mr. Ravi borrows ₹16,000 for 2 years. The Rate percent for the 2 successive years are 10% and 12% respectively. If he repays ₹5,600 at the end of the first year, find the amount outstanding at the end of the second year.
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the answer i.e. the amount to be paid after 2 yeas is = rupeese 13440
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