Question

Tarun borrows * 6,500 at 10% per annum simple interest. At the end of first year
he pays back * 2,650. How much should he pay to clear the debt at the end
third year?​

Answer 1

Answer:

P=6500

R=10%

Pay back=2650

Step-by-step explanation:

S.I.=p×r×t\100

=6500×10×1/100

=*650

Therefore,A=6500-650

=*5850

Since pays back *2650

Therefore, Amount to be paid to clear the entire loan=5850-2650

=*3200