hari borrowed rs 12600 from a money lender at 15 % p.a simple interest after 3 years he paid RS 8070 and gave goat to clear the debt what is the cost of goat Hari gave to money lender
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Answer:
10200
Step-by-step explanation:
loan amount =12600
rate of interest =15%
interest for 3 years =12600×15÷100×3=5670
amount to be paid to close the loan after 3 years =12600+5670=18270
Hari gave after 3 years =18270-8070=10200
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