Question

Ajay took a loan of 8,000 from the
bank. He paid back 750 every month for
one year. How much did he pay back to
the Bank ?
​

Answer 1

Answer:

₹9,000

Step-by-step explanation:

Amount he loaned=₹8000

Amount he paid every month=₹750

Time he paid for=1 year=12 months

Total amount he paid=750*12=9000

The extra 1000 must have been paid as an interest to his loan. You may learn this in higher classes.

Hope my answer helped you.

Answer 2

Answer:

Step-by-step explanation: