A farmer borrowed Rs.2400 at 12% interest p.a.At the end of 3 years, he
repaid Rs. 1200 and a cow for the balance amount. Find the cost of the
COW.
O 3264 or
2064
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2064 is a correct answer please like me thanks
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Answer:
cist of the cow is 2064Rs
Step-by-step explanation:
Interest for 3 years at 12% of Rs 2400 is
2400×3×12/100Rs
=864Rs
interest with principal is (2400+864)Rs=3264Rs
he repaid Rs 1200
cost of the cow is
(3264-1200)Rs=2064Rs
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