Anjali borrow Rs 19000 at 6% for 2 years. At the end of 2 yrs, she pays Rs 15000 and a gold ring to the money lender. What is the value of the gold ring?
Answers
Answered by
18
Answer:
GIVEN THAT,
P=19000, T=2 , R=6%
I=PXRXT/100
19000X6X2/100=2280
PAYABLE AMMOUNT = P+I=19000+2280=21280
GIVEN THAT,
15000+ A GOLD RING=21280
THEN,
RING VALUE=21280-15000=6280
6280 Ans
Step-by-step explanation:
akayush007:
Actually the answer you got after evaluation is incorrect. The accurate answer is 6470
Similar questions