Question

A farmer borrowed Rs 1600 at 12% simple interest per annum. At the end of 4 years, he cleared his account by paying Rs 3000 and a cow. The cost of the cow is _____________

Rs 632
Rs 1632
Rs 2632

Answer 1

Answer:

2632

Step-by-step explanation:

2632

is the cow rate

guy

Answer 2

rs 2632

because if we take out 12% of 1600 , it will come 192 then the year is 4 so we multiply 4 the it will come 768 that is the amount he payed in cash out of 3000 so the cost of the cow will be 3000-768 it will come 2632