Question

dhinu is a farmer. he borrowed ₹14000 from a money lender at the rate of 15% per annum. he paid₹16480 and a horse after 4 year to clean his debt. what is the cost of horse​

Answer 1

Answer:

SI = P * R * N/100

=12600*3*15/100

=126*3*15

=5670

Interest = 5670 + Principal 12600=17670

He repaid Rs. 7070

cost of goat = 17670-7070= Rs. 10,600

Step-by-step explanation:

Answer 2

Given:-

• Dhinu borrowed 14000 from a money lender at the rate of 15% per annum. He paid₹16480 and a horse after 4 year to clean his debt.

From above data we have

$\tt \rightarrow Principal\: \:Amount(P) = \RUPEE{14000} \\\\ \tt \rightarrow Number \:Of \:Years(n/T) = 4 \\\\ \tt \rightarrow Rate \:Of\:Intrest(R)=15\%$

To find:-

• Cost of horse

Solution:-

First we have to find the interest

$\tt Intrest(I)= \dfrac{P\times R \times T}{100}$

So,

$\tt I = \dfrac{14000\times15\times4}{100} \\\\ \tt \Rightarrow I = \dfrac{140\cancel{00}\times 15 \times4}{\cancel{100}} \\\\ \tt I = \RUPEE{8400}$

Total money that he has to give to the money lender is

= P + I

= 14000 + 8400

= ₹22400

And Dhinu paid ₹16480 and a horse

So,

16480 + Horse = 22400

=> Horse = ₹5920

So, cost of horse is 5920