Question

a farmer borrowed rs 10000 at 12% p.a. SI. At the end of 2.50 years, he cleared his account by paying rs 5000 and a cow.find the cost of the cow​

Answer 1

Answer:

6,800

Step-by-step explanation:

P= 10000

R = 12%

T = 2.50 yrs = 3/2 yrs

SI =( P* R * T) /100

SI =( 10000 * 12 * 3/2) /100

SI = 1800

Amount = P + SI = 11800 = Amount paid + cost of cow

Amount paid = 5000

Cost of cow = 11800 - 5000 = 6,800

Cost of Cow is Rs. 6,800