Question

Q1.
A sum of Rs 1000 was paid as the interest on a loan of Rs 20000. What was the
amount paid back?
​

Answer 1

Given,

Loan amount = Rs. 20000

Interest amount = Rs. 1000

To find,

The total paid back amount.

Solution,

We can simply solve this mathematical problem by using the following mathematical process.

The total paid back amount for the case of any loan will be :

Total paid back amount = Loan amount + Interest amount

By, putting the given values, we get :

Total paid back amount = 20000+1000 = Rs. 21000

Hence, the amount paid back is Rs. 21000

Answer 2

Answer:

₹21,000

Step-by-step explanation:

Here, principal = ₹20,000 and interest = ₹1000

Therefore, Amount = Principal + interest

= ₹20,000 + ₹1000

= ₹21,000