Java borrowedäš50,000 for 2 years. The rates of interest for two s

1.	Java borrowedäš50,000 for 2 years. The rates of interest for two succyears are 12% and 15% respectively She repays 33,000 at the endfirst year. Find the amount she must pay at the end of the secondclear her dehr.
Answer» For 1st year , Amount=₹50,000=P, Time=T=1 year and Rate=12% . Simple Interest obtained=PRT/100 =50000121/100 =₹6000. Amount after one year =₹50000+ ₹6000=₹56000. Amount paid by jaya at end of first year= ₹56000-₹33000=₹23000. Rate=15% p.a.=R and time =T=1year . Amount to be paid at end of second year =₹23000 +₹23000151/100 =₹23000+₹3450=₹26450.

Java borrowedäš50,000 for 2 years. The rates of interest for two succyears are 12% and 15% respectively She repays 33,000 at the endfirst year. Find the amount she must pay at the end of the secondclear her dehr.

Answer»

For 1st year , Amount=₹50,000=P, Time=T=1 year and Rate=12% .

Simple Interest obtained=P*R*T/100 =50000*12*1/100 =₹6000.

Amount after one year =₹50000+ ₹6000=₹56000.

Amount paid by jaya at end of first year= ₹56000-₹33000=₹23000.

Rate=15% p.a.=R and time =T=1year .

Amount to be paid at end of second year

=₹23000 +₹23000*15*1/100 =₹23000+₹3450=₹26450.