Question

Hari borrowed rupees 12600 from a moneylender at 15% per annum simple interest.after 3 years,he paid rs7070 and gave a goat to clear off the debt.what is the cost of the goat?

Answer 1

S.I =PXRXT/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

Answer 2

Here is your answer.verified with no calculation error(SUPPOSE)

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