A man borrowed ₹ 30,000 at the rate of 12 % per annum simple interest from a bank. He paid ₹ 15,200 after two years to the bank. How much will he have to pay after two more years, to clear the loan?

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This is a Paper-VII question worth 8 marks.

A man borrowed ₹ 30,000 at the rate of 12 % per annum simple interest from a bank. He paid ₹ 15,200 after two years to the bank. How much will he have to pay after two more years, to clear the loan?

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A man borrowed ₹ 30,000 at the rate of 12 % per annum simple interest from a bank. He paid ₹ 15,200 after two years to the bank. How much will he have to pay after two more years, to clear the loan?

Related Links