Q64
MathematicsChapter 04: Currency Exchange & Money Exchange
Question No. 64
Problem Statement
A person lent a sum of Rs. 1,50,000 for 2 years at the interest rate of 10% per annum compounded annually. He paid Rs. 85,000 at the end of the first year. How much total amount should he pay to clear all the debts at the end of second year?
High Frequency SEE Question Difficulty: Moderate