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
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21000-23520 is equal to the answer
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The amount of log boat = 21000
He paid back = 23,520
therefore he paid along with interest
interest for one year = 23520 - 21000= 2520
so, for monthly he paid = 23520 divided by 12
= Rs. 1960
He paid back = 23,520
therefore he paid along with interest
interest for one year = 23520 - 21000= 2520
so, for monthly he paid = 23520 divided by 12
= Rs. 1960
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