Ram borrowed Rs 4200 from shyam at rate of Rs 15% for 3 years . At the end , he paid Rs 5000 and a watch . Find the cost of watch.
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Step-by-step explanation:
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Answer:
The cost of the watch is 670
Step-by-step explanation:
First we will find the SI
SI=(P*R*T)/100
SI=1890
Money to be paid after 3 years = 1890*3
Money to be paid after 3 years = 5670
Amount of money paid after 3 years= 5000 and a watch
Cost of the watch=5670-5000
=670
Cost of the watch is 670
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