Answers

  • qais
  • Content Quality
2016-05-14T10:49:16+05:30
Amount after one year
Interest, I = PRT/100 
                =(10000×10×1)/100 = 1000
Amount = 11000
He paid 20% of 11000
(20×11000)/100 = Rs 2200
Remaining Amount = 11000- 2200 = Rs 8800
This will be the Principle for 2nd year
now, interest, I =PRT/100 = (8800×10×1)/100 = 880
Amount = 8800+880 = Rs 9680
Now he paid 20% of 9680
= (20×9680)/100 = Rs 1936
Amount left unpaid = Rs 7744
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