Question

ankit borrowed rs50000 at 12% p.a. and cleared the account by paying rs40000 and his motorcycle at the end of 3 years. find the cost of the motorcycle

Answer 1

Answer:

Rs 28000

Step-by-step explanation:

Interest for 3 years = 50000 * 12 * 3 / 100

= 18000

Amount tp pay after 3 years = 50000 + 18000 = 68000

Cash paid = 40000

cost of motorcycle = 68000 - 40000 = 28000

Answer 2

Step-by-step explanation:

HERE IS YOUR ANSWER

HOPE THIS ANSWER HELP YOU