Pramor borrowed 60,000rs at 12%per annum compound interest.If he pays 50% of the remaining loan at the end of the second year.find the amount of loan outstanding at the beginning of the third year
Answers
Answered by
0
Principal=60000
Rate=12%
Time=2 years
=60000x12/
=600x12
=720
=720/50
ANS=144
Hope it helps you alot
Similar questions