Binod took a loan of ruppees 24000 from the bank . He paid back Rs.28800 to the bank in one year .How much amount did he pay back per month please answer this question
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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.
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