Mathematics for FinancePYQ Dec 22Question 1237 of 422
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A farmer borrowed $3,600$ at the rate of $15\%$ simple interest p.a. At the end of $4$ years, he cleared this account by paying $4,000$ and a cow. The cost of the cow is:

Options

A$1,000$
B$1,200$
C$1,550$
D$1,760$
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Correct Answer

Option b$1,200$

All Options:

  • A$1,000$
  • B$1,200$
  • C$1,550$
  • D$1,760$

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