Question

Q.III. Solve the following.
1. Mahesh took a loan of 1,75,000 at compound interest from a bank to buy
vehicle. If the rate is 10 p.c.p.c. What amount will he have to pay to the bank if he
returns the loan after 3 years? How much money would he have saved had he been
able to borrow the same amount at simple interest for same period at same rates?​

Answer 1

Answer:

This is the answer.

Step-by-step explanation:

15 | P= ? 175000, AR= 10p ⋅c.p.a N = 3 year

OON

A = P/L+R

A

175000/1 + 10 f 311 of 100

100 175000 110 A=175000x 11 x 11 x 11 LIZA 100⁰ Fogal 10 10

A = 11 x 11 x 11 x 175

(₁T = A = 232925 ACT S₁ T₁ = A= Px D&R - 175 000x10x3

160

A = 52500 MC-T-ST He would have saved. in the money if he barz

ts. I + Toxo the same amount ats. I 232925 52500 180425.

if he : Mahesh would have save money s. I is borrow the same amount at 180425

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I ON IN odones - A ON