Question

Rohan borrowed Rs.50000 at 12 per annum and cleared the account by paying Rs.40000 and his motor cycle.find the cost of his motor cycle​

Answer 1

Answer:

cost of motorcycle = 68000 - 40000 = 28000.

Answer 2

Answer:

p= 50000

R= 12%

A= 40000 and motor cycle

let time= 1 year

S.I= 50000×12×1/100=6000

P+S.I=A

50000+6000=56000

total amount=56000

56000-4000=16000

16000=cost of motor cycle