Question

A farmer borrowed rs 3600 at rs 15% interest per annum. At the end of four years he cleared his account by paying rs 4000 and cow. Find the cost of the cow.

Answer 1

⚡Hey mate⚡

✨Here is your answer✨

Borrowed rupees = 3600

Rate % = 15 %

Time = 4 years

Formula - :

Simple interest = price × rate × time ÷ 100

Simple interest = 3600 × 15 × 4 ÷ 100

Simple interest = 2160


Total ammount with intrest = 3600 + 2160

Total ammount with intrest = 5760

Farmer pay 4000 rupees with cow and clear his record.

Cow price = 5760 - 4000

Cow price = 1760


Your answer is 1760.


I hope it's helpful for you. Thank you ❤️❤️

Answer 2

Answer:

CP OF THE COW IS shown inthe up