Question

a farmer borrowed Rs.60000 from a lender at 8 percent per annum, for 2 year after the stipulated time he gave a cow and Rs.66000 to settle account.How much price did he got for the cow?​

Answer 1

Answer:

3,600

Step-by-step explanation:

SI= 60,000×8×2/100

SI = 9,600 rs

so....60000+9600=69,600

therefore .....69,600-66,000 = 3,600...

so...the price that you get for the cow is 3,600 rs

Answer 2

Step-by-step explanation:

Answer:

interests i= (principal×rate of interest×time)/100

i=( 60000×8×2)/100

i=9600

CA=69600

he gives cow+ 66000

cow price =69600-60000=3600

answer=3600