Question

jhanshi and her sister took a loan of rs 21,000 to buy a long boat they paid back total of rs 23,520 in one year how much did they pay back every month

Answer 1

Given :-

• Jhanshi and Her sister Took a Loan of = Rs.21000
• They Paid back = Rs.23520 after 1 year.

Solution :-

They Paid back Rs.23520 after 1 years.

So, we can say That,

→ After 12 months They Paid = Rs.23520

→ Each Month They paid back = (23520/12) = Rs.1960 .

Hence, They Paid Back Rs.1960 Every Month.

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Extra :-

in Question if It is Asked How much More They Paid Every Month ?

Than,

→ Money They Borrowed for 1 year = Rs.21000

→ Money They Get For Every Month = (21000)/12 = Rs.1750 .

And,

→ After 12 months They Paid = Rs.23520

→ Each Month They paid back = (23520/12) = Rs.1960 .

So,

→ Money They Paid Extra Per Month = 1960 - 1750 = Rs.210.

Hence, They Paid Rs.210 Extra every Month.

Shortcut :-

→ Extra money she pay = 23520- 21000= Rs.2520

So , in one year she pay Rs.2520 extra ....

→ Per month = (2520/12) = Rs.210 (Ans).

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Answer 2

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