In order to buy a colour TV set, Altaf borrowed Rs 12,000 from a bank at a compound rate of interest of 10 p.c.p.a. for 2 years. What is the amount that Altaf must pay back to the bank at the end of 2 years?

In order to buy a colour TV set, Altaf borrowed Rs 12,000 from a bank

1.	In order to buy a colour TV set, Altaf borrowed Rs 12,000 from a bank at a compound rate of interest of 10 p.c.p.a. for 2 years. What is the amount that Altaf must pay back to the bank at the end of 2 years?
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In order to buy a colour TV set, Altaf borrowed Rs 12,000 from a bank at a compound rate of interest of 10 p.c.p.a. for 2 years. What is the amount that Altaf must pay back to the bank at the end of 2 years?

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