Ashok borrowed Rs 12,000 at some rate % compound
Interest. After a year, he paid back Rs 4,000. If compound 
Interest for second year be Rs 920, find :
 
(i) the rate of interest charged
(ii) the amount of debt at the end of the second year

Asked by Nitu | 13th Apr, 2017, 03:02: PM

Expert Answer:

Answered by Rashmi Khot | 13th Apr, 2017, 04:25: PM

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