Question

and needs credit to meet his daily expenses. He depends upon his employer, the

landowner for credit who charges an interest rate of 10 per cent per month. Shyam repays

the money by working physically for the landowner on his farmland.

Over the years his debt will –

A. Increase - because of increasing interest and non-payment of monthly amount

B. Remain constant - as he is working for the employer but is repaying less

C. Reduce - as amount equivalent to his salary is being counted as monthly rep​

Answer 1

Answer:

A)

Explanation:

Increase - because of increasing interest and non-payment of monthly amount