Nithya borrowed Rs 12000from a bank. She repays Rs 825 every month for a year.How much money does she repay at the end of a year?
Answers
Answer:
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Step-by-step explanation:
SOLUTION
GIVEN
Nithya borrowed 12000 rupees from a bank.
She repays 825 rupees every month for a year.
TO DETERMINE
The money does she repay at the end of a year?
EVALUATION
Here it is given that Nithya borrowed 12000 rupees from a bank.
She repays 825 rupees every month for a year.
So Nithya paid total amount in the year
= Rs ( 825 × 12 )
= Rs 9,900
So the required amount of money she has to repay at the end of a year
= Rs 12000 - 9900
= Rs 2,100
hope it helps
money nithya borrowed from the bank = 12000
amount she pays every month= 825
so the amount she will pay in 1 year = 825*12= 9900
so the amount she has to pay at the end of year = 12000-9900 = 2100
so she has to pay 2100 at the end of year
hope this answer helps you
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