Question

A farmer borrowed Rs. 60,000 from a lender at 8% per annum, for 2 years. After the stipulated time hegave a cow and Rs. 66000 to settle the amount. How much price did he get for the cow?​

Answer 1

Step-by-step explanation:

P = Rs. 6k

T = 2 yrs

R = 8%

A = Rs. 6.6k

where k = 10000

$prt \div 100 = i$

by using this formula

Answer:

Price of Cow = Rs. 9600

the answer may be wrong check it

Answer 2

Answer:

1. interests i= (principal×rate of interest×time)/100
2. i=( 60000×8×2)/100
3. i=9600
4. CA=69600
5. he gives cow+ 66000
6. cow price =69600-60000=3600
7. answer=3600