Home » Aptitude » Simple interest » Question
  1. A farmer borrowed ₹ 4200 at 10% per annum. At the end of 5 yr he cleared his account by paying ₹ 5000 and a cow. The cost of the cow is ?
    1. ₹ 1300
    2. ₹ 1240
    3. ₹ 1200
    4. ₹ 1340
Correct Option: A

Amount after 5 yr, 4200 + (4200 x 10 x 5)/100
= (4200 + 2100) = Rs 6300
∴ Cost of the cow = (6300 - 5000) = ₹ 1300



Your comments will be displayed only after manual approval.