Question

- A man borrowed Rs. 875 for a period of 3 years at
the rate of 5% simple interest per annum. After the
fixed time he cleared off his debt by paying Rs. 200
in cash and a bicycle. Find the price of bicycle.
In hon mul​

Answer 1

Answer:

200

Step-by-step explanation:

given p= 875

t= 3 years

rate = 5% p.a.

a= p+ si

a= 875+(875*5*3)/100

a= 400

then price of bicycle= 400-200= 200

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