Math, asked by fazilamashood, 10 hours ago

Varun took out a loan of 25000 rupees from a bank, which charges 11% interest compounded annually. He paid back 10000 rupees after 2 years. How much should he pay after one more year to settle the loan??

Answers

Answered by ritikakumari4522

1

25000*11*2/100= 5500

15000*11*2/100=3300

5500-3300=2200

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