A farmer borrowed RS. 20000 at 14% per annum from a money lender. At the end of 2and 1/2 years , he cleared the amount by paying RS. 15000 and a cow. Find the cost of the cow.
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Answer:
it's 9404
hope it helps you thanks
Step-by-step explanation:
20000×14/100=2800 interest for first year
22800×14/100×1/2=1604
for half year
total money (with interest ) to pay 22800+1604=24404
paid 15000+ cow's cost
cow's cost =24404-15000
=9404
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