Pranav borrows a sum of ₹335180 at the rate of 13% per annum simple interest. At the end of the first year, he repays ₹23060 towards return of princip...

Question

Pranav borrows a sum of ₹335180 at the rate of 13% per annum simple interest. At the end of the first year, he repays ₹23060 towards return of principal amount borrowed. If Pranav clears all pending dues at the end of the second year, including interest payment that accrued during the first year, how much does he pay (in ₹) at the end of the second year?

Options

A.

₹398876

B.

₹393949

C.

₹396269

D.

₹388076

simple interestloan repaymentinterest calculation

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