dinesh borrows Rs. 19000at 13/2%for 2years. at the end of two years, he pays Rs. 15000and a gold ring to money lender . what is the value of gold ring ?
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P=19000
R=13/2%
T=2yrs
I=(p*r*t)/100
I=(19000*13/2*2)/100=2470
Amount = P+I=19000+2470=21470
Amount of gold ring = 21470-15000=6470
ans=6470
R=13/2%
T=2yrs
I=(p*r*t)/100
I=(19000*13/2*2)/100=2470
Amount = P+I=19000+2470=21470
Amount of gold ring = 21470-15000=6470
ans=6470
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