A farmer takes ₹ 15,000 from the village moneylender at 18% p.a. A – InterviewSolution

1.	A farmer takes ₹ 15,000 from the village moneylender at 18% p.a. After 18 months when he has to repay theloan, he gives the moneylender * 16,000 and a cow. Atwhat price did the moneylender get the cow?The answer is : ₹3050
Answer» 3,050Step-by-step EXPLANATION:fatmer TAKE MONEY =15,000percentage =18%Months=18converted into year=1.5=3/215000×18/100×3/2=4,05015000+4050=19,05019,050-16,000=3,050hope you UNDERSTAND

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