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ICSE Class 9 Answered

Mr. Disney borrows Rs 1,00,000 from State Bank of India at 11% per annunm compound interest. He repays Rs 41,000 at the end of first year and 47,700 at the end  of second year. Find amount outstanding at beginning  of third year? 
Asked by nisha_vini29 | 19 Apr, 2018, 02:06: PM
answered-by-expert Expert Answer
Compound interest without using formula can be calculated as
P = Rs. 1,00,000, R = 11% p.a.

Answered by Sneha shidid | 20 Apr, 2018, 10:42: AM

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