Question

please explain the answer is $43,450​

Answer 1

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, 10000 is repaid

∴

′

P

′

for second year =55000−10000

=45000

T=1

R=10

∴S.I=

100

45000×1×10

=Rs.45000

∴ Money outstanding =(45000−10000) =Rs.35000

∴ 35000