Gautam takes a loan of Rs. 16000 for 2 yearsat 15% p.a. compound inter – InterviewSolution

1.	Gautam takes a loan of Rs. 16000 for 2 yearsat 15% p.a. compound interest. He repays Rs. 9000 at the end of first year. How much must he pay at the end of second year to clear the debt?
Answer» Gautam takes a loan of Rs. 16000 for 2 yearsat 15% p.a. compound interest. He repays Rs. 9000 at the end of first year. How much must he pay at the end of second year to clear the debt?

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