Question

years
2
A farmer borrowed 2,400 at 12% Interest per annum. At the end of
three years, he repaid " 1.200 and a cow for the balance amount. Find the
cost of the cow.​

Answer 1

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Hello Friend !!!

Principal = Rs. 2400

Rate of Interest = 12% p.a.

Time = 3 years

Simple Interest = ( 2400 x 12 x 3 ) / 100

= Rs. 864

Amount = Rs. 2400 + Rs. 864

= Rs. 3264

Amount repaid by the farmer = 1200

Cost of the cow = Rs. 2064 ( Ans )

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Answer 2

Step-by-step explanation:

simple

P= 2400

R= 12%

T= 3years

Si= P,*R*T/100

SI= 2400*12*3/100

SI= 864

Total amount after 2 yrs= 2400+864= 3264

but he pat 1200& cow

so cost of cow is 3264 - 1200

cost of cow is 2064