Rohit borrowed Rs. 1200 at 12% p.a.
He repaid Rs. 500 at the end of 1
year. What is the amount required to
pay at the end of 2nd year to
discharge his loan which was
calculated in CI?
Rs.845.28
Rs.946.28
Rs. 745.28
Answers
Answered by
0
Answer:
CI at the end of 1st year = 1200 *(1+(12 /100)) = 1344
CI = 1344-1200 = 144
500 paid then remaining amount = 1344 – 500 = 844
At the end of 2nd year
844*[(1+(12/100)] =945.28
Step-by-step explanation:
please mark me as brainliest answer and if you like my answer press heart ❤️.
Answered by
0
Answer:
option 3
RS 946.28
Step-by-step explanation:
This is your answer
Similar questions