A farmer borrowed ₹5300 at 8% interest p.a. At the end of 1/2 whole 2 years he cleared his account by paying ₹4600 and a watch. Find the cost of watch.
Answers
Answered by
3
refers to the attached pages for your required answer( WANTED ) :-----
MARK ME AS BRAINLIST PLEASE ☺☺☺☺☺☺☺☺☺☺☺☺☺☺☺☺⏩⏩⏩⏩⏩⏩⏩⏩⏬⏬☺⏬☺⏬⏬⏬⏬❤⏬❤⏬❤⏬⏬⏩⏬⏬
Attachments:
Answered by
13
Step-by-step explanation:
Total interest = ( P × T × R ) /100
( 5300 × 2.5 × 8 ) / 100 = 1060
total amount to be paid with interest is = P + total intetest
= 5300 + 1060 = 6360
Let the cost of watch is A , then
A + 4600 = 6360
A = 1760
Similar questions