Answers

2016-04-10T11:03:03+05:30
Let us find the interest for 6 years ,
 p = $2000 , t = 6 , rate = 8%
  ( p× t × r)/ 100
= (2000×  6 × 8) /100
= 960
the interest is = $ 960
the total amount to be cleared after 6 years = p.a + interest
                                                                     = 2000+ 960
                                                                     = $2960
ken cleared by giving $2600 and a watch
cost of watch = $ 2960- 2600
                       = $ 360
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