Mathematics · Simple Interest
A farmer borrowed Rs. 2,400 at 12% simple interest per annum. At the end of 2 1 2 years, he cleared his account by paying Rs. 1,200 and a cow. What is the cost of the cow?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2,120
- 2Rs. 1,920✓
- 3Rs. 2,350
- 4Rs. 3,120
Correct answer
Rs. 1,920
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