Browse by Stream
QnA
Home
QnA
Go To Your Study Dashboard

Get Answers to all your Questions

header-bg qa
  • Home
  • School
  • Ravi borrowed rs 2000 at 2% per annum and rs 1000 at 5% per annum.he cleared his debt after 2 years after giving rs 2800 and a watch. What is the cost of the watch.

Ravi borrowed rs 2000 at 2% per annum and rs 1000 at 5% per annum.he cleared his debt after 2 years after giving rs 2800 and a watch. What is the cost of the watch.

Answers (1)

best_answer

eginarrayl extPrincipal amount borrowed =Rs 2000\ extR=2\% pa \ extT=2 yrs \ \ SI =fracPRT100\ \ =frac2000 imes2 imes2100=Rs 80\ \ extPrincipal amount borrowed again =Rs 1000\ extR=5\%\ extT=2 yrs\ \ SI=fracPRT100\ \ =frac1000 imes2 imes5100=Rs 100\ \ extTotal amount that he will have to return = Rs. 2000 + 1000 + 80 + 100 = Rs. 3180 \ extAmount repaid = Rs. 2800 \ extValue of the watch = Rs. 3180 -2800 = Rs. 380 endarray

Posted by

Deependra Verma

View full answer

Similar Questions

Latest Question