A farmer borrowed ₹ 3600 at 15% interest per annum. Find the amount to be paid by him at the end of 4 years
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Answer:
Correct option is
D
Rs. 1760
SI for 4 years = Rs.(
100
3600×15×4
)=Rs.2160
Amount after 4 years = Rs. (3600+2160)= Rs. 5760
Cost of goat = Rs. (5760-4000)= Rs. 1760
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