Question

Ram is working in a factory with very less wages. Expenses on sudden illnesses or functions in the family are also met through loans. The factory owner charges an interest rate of 5% per month. At present he owes the factory owners Rs. 5000. Analyse the credit arrangements given above. 
please tell correct answer​

Answer 1

Answer:

$\huge{\boxed{\boxed{\boxed{\green{Hey Buddy}}}}}$

Explanation:

Expenses on sudden illnesses or functions in the family are also met through loans. The landowner charges an interest rate of 5 percent per month. At present she owes the landowner 5,000.