Question

8. A farmer takes 15,000 from the village moneylender
at 18% p.a. After 18 months when he has to repay the
loan, he gives the moneylender 16,000 and a cow. At
what price did the moneylender get the cow?​

Answer 1

Answer:

Rs 3293

Step-by-step explanation:

CA=15000(1+18/100)^1

=Rs 17700

Now for more 6 months we will calculate the SI and add it to the amount of the CI.

So,

(17700×1/2×18)/100

=Rs 1593

Now total Amount =Rs 17700+1593

=Rs 19293

Amount he paid =Rs 16000

Now amount to be paid =19293-16000

=Rs 3293

Therefore the money lender got the cow for

Rs 3293

ANSWER=Rs 3293

Answer 2

Answer:

3050 is the answer for this tricky question