Question

Harshit borrowed Rupees 6000 at 7% per annum he cleared his debt after 4 years by giving Rupees 6500 and a tape recorder find the cost of tape recorder​

Answer 1

Answer:

1680Rs

Step-by-step explanation:

First we will find how much interest he has to pay in four years

so,

Interest = principle × percentage of interest × Time (in years)

so

6000×7×4/100

Therefore interest = 1680

total Rs he have to give is

6000+1680

which is equal to 7680.

But he gave 6500 and a tape recorder

so

Total interest = money he gave + price of tape recorder.

Therefore,

7680=6500+price of tape recorder.

hence,price of tape recorder=7680-6500

=1680Rs.

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