what is the EMI of a loan of rs 100000 is repaid in 5 years if the rate of interest is 10% p.a.on the outstanding amount at the beginning of each year?
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Step-by-step explanation:
P is 100000
R is 10%
T is 5 year
Principal of 1 year (p×r×t/100)
(100000×10×5/100)
(1000×10×5)
50000
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