To purchase seeds, a farmer borrowed some money from a bank, He cleare

1.	To purchase seeds, a farmer borrowed some money from a bank, He cleared his debt by paying Rs. 4720 at the end of one and a half year. If the bank charges interest of 12% per annum, find the cost of the seeds.
Answer» Answer: 4000 Step-by-step explanation: 4720-x= x×12×3÷100×2 236000-50x = 9x 59x=236000 x=4000

To purchase seeds, a farmer borrowed some money from a bank, He cleared his debt by paying Rs. 4720 at the end of one and a half year. If the bank charges interest of 12% per annum, find the cost of the seeds.

Answer»

Answer:

4000

Step-by-step explanation:

4720-x= x×12×3÷100×2

236000-50x = 9x

59x=236000

x=4000