Math, asked by Taj11111, 1 year ago

Faizbpok a loan of Rs. 21,000 to buy log boat, He paid back a total of Rs 23,520 in one year, How much did he pay back every month

Answers

Answered by khiljee
0
Loan = 21000

Assuming simple interest

Amount = 23520

23520 = 21000 x R x 1

Per month = 1960
Answered by udit43
2
Hey buddy here is your answer :

Loan taken = Rs 21000

Amount he paid back in a year = Rs 23520

Difference = 23520 - 21000

= Rs 2520

No. of months in a year = 12

Amount paid back every month = 2520 / 12

= Rs 210

So the answer is Rs 210.

Hope it helps.

Have a good day.
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