Question

Nizma took a loan from a friend to buy a scooty for Rs.9588. She has to pay it back in equal amounts every month for duration of six months. How much will she have to pay every month? *
1 point
(i) Rs. 9588
(ii) Rs. 1598
(iii) Rs. 5988
(iv) Rs. 9858​

Answer 1

Step-by-step explanation:

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Answer 2

Given:

Amount borrowed by Nizma$=9588$

Time required to pay$=6$ months

To find: the amount of money that Nizma will pay every month.

Solution:

Divide the total amount by the total month to find the amount of money Nizma has to pay every month.

Therefore, Nizma has to pay Rs. 1598 every month.

Hence, the correct answer is option(iii). i.e Rs. 1598.