A farmer borrowed Rs . 18000 moneylender at a simple interest
of 15% per annum. At the end of 3 yrs 6 months , he settled the loan after paying Rs 15000 cash and a motor bike Find the value of the motorbike with the steps ? Please tell the answer fast and correct
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A farmer borrowed Rs.60,000 at 15% interest per annum from a moneylender. At the end of 2years, he cleared his account by paying Rs.40,000 and a cow. Find the cost of the cow.
Solution:
Solution: Principal = 18000, r = 15%, t = 2 years
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