Question
Kamala borrowed from a Bank to buy a scooter at a rate of . compounded yearly. What amount will she pay at the end of years and months to clear the loan?
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Text solutionVerified
Simple interest for the remaining months
So, total repayment amount Rs Rs
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Question Text | Kamala borrowed from a Bank to buy a scooter at a rate of . compounded yearly. What amount will she pay at the end of years and months to clear the loan? |
Answer Type | Text solution:1 |
Upvotes | 150 |