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AVprozaik [17]
3 years ago
9

Hari borrowed Rs. 126000 from a money-lender at 15% per annum simple interest,

Mathematics
2 answers:
amid [387]3 years ago
7 0

Answer:

Rs. 112000

Step-by-step explanation:

  • Borrowed money = Rs. 126000
  • Interest rate = 15% PA simple
  • Time = 3 years

<u>Hari is due to pay after 3 years:</u>

  • 126000* (1+ 3*15/100) = 182700

He pays Rs. 70700, remaining money is cleared by giving buffalo.

<u>Cost of buffalo:</u>

  • 182700 - 70700= Rs. 112000

<u>Answer is:</u> Rs. 112000

Lana71 [14]3 years ago
3 0

Answer:

Solution,

principal(P)= Rs. 126000

Rate(R)=15%

Time(T)=3 years

Money paid=Rs.70700

Cost of buffalo=?

We know that,

                          Interest=<u>P*T*R</u>

                                           100

                                       = Rs. <u>126000*3*15</u>

                                                         100

                                       = Rs. 56700

Now,

         Amount(A)=P+I

                           =Rs. ( 56700+126000)

                           = Rs.182700

Again,

          by the question,

                                    Cost of buffalo= Amount- Money paid

                                                             = Rs.(182700- 70700)

                                                              = Rs. 112000

Therefore, the cost of buffalo is Rs. 112000.

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