Sohan borrows a sum of ₹1,41,545 at 11% per annum simple interest. At the end of the first year, he repays ₹25,490 towards the principal. If Sohan cle...
Question
Sohan borrows a sum of ₹1,41,545 at 11% per annum simple interest. At the end of the first year, he repays ₹25,490 towards the principal. If Sohan clears all pending dues at the end of the second year, including interest accrued during the first year, how much does he pay (in ₹) at the end of the second year?