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Mr. Dubey borrows Rs. 1,00,000 from state bank of India at 11 % per annum compound interest. He repays Rs. 41,000 at the end of the first year & Rs. 47,700 at the end of the second year. Find the amount outstanding at the beginning of the third year. |
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Answer» Mr. Dubey borrows Rs. 1,00,000 from state bank of India at 11 % per annum compound interest. He repays Rs. 41,000 at the end of the first year & Rs. 47,700 at the end of the second year. Find the amount outstanding at the beginning of the third year. |
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