A has to pay Rs.220 to B after 1 year. B asks A to pay Rs.110 in cash and defer the payment of Rs.110 for 2 years. A agrees to it. Counting, the rate of interest at 10% per annum in this new mode of payment.

• I=p*r*t/100
  I=110*10*2/100
  I=22
  therefore, Amount Payed by A after 2 yrs=110+22=132
  
• 10 years agoHelpfull: Yes(20) No(4)
• intrest = P*T*R/100;
  for 1 year 220*1*10/100= 22
  so A need to pay Rs 242. A paid 110 after first year so for another 110+22=132
  for 2nd year 132*1*10/100=13.2
  So A need to pay finally 132+13.2=145.2
• 10 years agoHelpfull: Yes(14) No(17)
• A has to pay the P.W.of Rs. 220 due 1 year hence, which is
  = Rs.(100*220 / 100+(10*1)) = Rs 200
  Actually pays = Rs.[110 + P.W. of Rs. 110 due 2 years hence]
  = Rs.[110 + (100*110 / (100+(8*2)) = 192.66
  therefore A gains = Rs. 7.34
• 10 years agoHelpfull: Yes(6) No(3)
• which is correct ??
  
• 10 years agoHelpfull: Yes(1) No(0)
• what is the correct ans
• 10 years agoHelpfull: Yes(0) No(0)
• APURBA IS CORRECT
• 10 years agoHelpfull: Yes(0) No(1)