Question

Rahul took a loan of Rs.23,000 to buy a boat. He paid back Rs.24,000 in one year(12 month).Hoe much did he pay back every month?

Answer 1

Answer:

hey mate here your answer

answer is 2000

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Answer 2

Given:    Rahul took a loan of Rs.23,000 to buy a boat. He paid back Rs.24,000 in one year(12 month)

To find : How much did he pay back every month

Solution:

Amount Paid back in 12 months  = 24000

Time  in which amount paid back = 12 months

Amount Paid back every month  = Total Amount Paid / Number of Months

=> Amount Paid back every month  = 24000/12

=> Amount Paid back every month  = 2000

Rahul Paid back Rs 2000  every months

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