please find the answer to this question quick
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Step-by-step explanation:
For 1st year
Total borrowed
= 10000 of 5%
= 10000 * 5/100 *1
= 500
Amount = Rs. 10500
2nd year
= 10500 * 5/100 *1
= 525
Amount = Rs. 11025
3rd year
= 11025 *5/100 *1
= 551.25
Amount = Rs. 11576.25
He repays for 1st year
11576.25 *35/100 *1
= 4051.6875
Left amount = Rs. 7524.5625
2nd year pays
=7524.5625 * 42/100 *1
=3,160.31625
Left amount = 4,364.24625
3rd year pays
= Rs. 4,364.24625
He pays 3rd year Rs. 4364.24625
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