cmaanvika190 cmaanvika190

03-01-2023
Mathematics

Answered

Arun took a loan of Rs. 160000 from Kuber finance to buy a second hand car. The company
charges interest at 10% per annum when compounded semi-annually for 2 years.
a. What amount he will pay at the end of two years?
b. Find the compound interest.
c. After two years he sold the car at Rs. 130000. What will be his gain or loss percent?

Answer :

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