Question

Ankit borrowed rupees 50,000 at 12% p.a. and cleared the account by paying rupees 40,000 and his motorcycle at the end of 3 years. Find the cost of the motorcycle

Answer 1

Answer:

here your answer

28000.

Step-by-step explanation:

here price P=50000

Rate of interest R=12

time T=3 year's.

first we find intrest

we know that

si=ptr/100

=50000*3*12/100

=500*3*12

=18000

so total amount he paid after three years

is 50000+18000=68000

he was paying rupees 40000 and

his motorcycle

then the cost of motorcycle

68000-40000=28000

Answer 2

Step-by-step explanation:

SI=PRT

50000×12×3/100

SI=18000

AMOUNT = P+SI

50000+18000=68000

He paid ₹40000 and a motorcycle

cost of the motorcycle is

68000-40000=28000

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