Question

Jhansi and her sister took a loan of Rs 21000 to buy a log boat back a total of rupees 23520 in one year how much did they pay back every month

Answer 1

extra money she pay = 23520- 21000= 2520
in one year she pay 2520 extra
per month = 2520/12
= 210 per month

Answer 2

Given :

Jhansi and her sister took a loan of Rs. 21,000 to buy a log boat. They paid back a total of Rs. 23,520 in one year.

ㅤㅤ

To find :

How much did they pay back every month?

ㅤㅤ

Formula :

★ Money they pay every month = Money paid back/12 months.

ㅤㅤ

Concept :

#We know that, 1 year = 12 months.

• 1 Year = (In year) .

• 12 months = (In months).

#There are 12 months in a year, hence 1yr = 12 months.

ㅤㅤ

Calculations :

→ 23520/12

→ 1960

ㅤㅤ

Therefore, they paid 1060 rupees every month.