Question

Michael lend rupees 85000 to rocky at 10% p.a. if rocky discharge the debt
after 15 month by giving his old motorcycle and rupees 4300 find the cost of motorcycle ​

Answer 1

Answer:

15% p.a

Step-by-step explanation:

85000 x 10%=8500 p.a

8500x 15/12= 10625 (interest)

repayment =principal+interest

=85000+10625=95625

95625-4300=91325/- is value of motorcycle

Answer 2

Step-by-step explanation:

s.I = (p×r×t)/1000

(85000×10×15)/100

=127500

motorcycle rs + 4300 =127500

motorcycle rs = 127500-4300

motorcycle rs =123200