ID
12. A person borrowed Rs. 12,800. After 4 years 6 months he paid Rs.
10.500 cash with a buffalow and cleared the amount. If the rate of interest
was 10% p.a. find the value of the buffalow. -
(Rs. 8,000]
Answers
Answered by
2
Step-by-step explanation:
Principal=12800
Rate=10
Time=4yrs 6mnths=48+6=54/12yrs
S.I.=PRT/100
=12800*10*54/100*12
=5760
Amount=S.I.+principal
=5760+12800
=18560
Cost of bufallo=18560-10500
=₹8060
Answered by
3
Answer:
Interest for 4.5 years=12800x4.5x10/100 = 5760
Loan+Interest=12800+5760=18500
Value of buffalo be x
Paid Rs 10500+x = 185oo
x=8000
value of baffalo = Rs.8000
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