Mr. Kumar borrowed Rs. 15,000 for 2 years. The rate of interest being

1.	Mr. Kumar borrowed Rs. 15,000 for 2 years. The rate of interest being 8% & 10% for respective years. If he repays Rs. 6,200 at the end of 1st year, find the Amount outstanding at the end of the 2nd year.
Answer» Mr. Kumar borrowed Rs. 15,000 for 2 years. The rate of interest being 8% & 10% for respective years. If he repays Rs. 6,200 at the end of 1^st year, find the Amount outstanding at the end of the 2^nd year.

Mr. Kumar borrowed Rs. 15,000 for 2 years. The rate of interest being 8% & 10% for respective years. If he repays Rs. 6,200 at the end of 1st year, find the Amount outstanding at the end of the 2nd year.

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Mr. Kumar borrowed Rs. 15,000 for 2 years. The rate of interest being 8% & 10% for respective years. If he repays Rs. 6,200 at the end of 1^st year, find the Amount outstanding at the end of the 2^nd year.

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Mr. Kumar borrowed Rs. 15,000 for 2 years. The rate of interest being 8% &amp; 10% for respective years. If he repays Rs. 6,200 at the end of 1st year, find the Amount outstanding at the end of the 2nd year.

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Mr. Kumar borrowed Rs. 15,000 for 2 years. The rate of interest being 8% & 10% for respective years. If he repays Rs. 6,200 at the end of 1st year, find the Amount outstanding at the end of the 2nd year.