Question

hari borrowed ₹12600 from a money lender at 15% per annum simple interest after 3 years he paid ₹7070 and gave a goat to clear off the debt what is the cost of the goat

Answer 1

Take out three year amt using SI and then subtact the total amount by the amount after three years ..that will be the cost of goat !

Answer 2

Answer:

Step-by-step explanation:

Principal = 12600, R =15%, T =3yrs

S. I =

=

××

= 5670 Rs

A= P + S.I

12600 + 5670 = 18270 Rs

Amount paid in cash = 7070 Rs

Balance = 18270 – 7070 = 11200 Rs

The price of goat = 11200 Rs.