Question

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]​

Answer 1

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

Answer 2

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