Question

Peter borrows rupees 12000 for 2 years at 10% per annum compound interest he rapays rupees 8000 at the end of 1st year find the
1. amount at the end of first year before paying the repayment
2.the amount at the end of 1st year after making the repayment
3.the principal for the second year
4.the amount to be paid at the end of second year to clear the account

Answer 1

use this formula pnr/100 or C.I