Question

Raman took a loan rs 30000 from a bank to purchase a motor bike.he paid rs 1650 every month for 2 years. find the interest extra amount he paid back to the bank?​

Answer 1

Answer:

₹ 9600

Step-by-step explanation:

total amount he loan from the bank=30000

total amount he loan from the bank=30000amount paid in one month = 1650

total amount he loan from the bank=30000amount paid in one month = 1650amount paid in one year = 1650 × 12 = 19800

total amount he loan from the bank=30000amount paid in one month = 1650amount paid in one year = 1650 × 12 = 19800amount paid in 2 years = 19800 × 2 = 39600

total amount he loan from the bank=30000amount paid in one month = 1650amount paid in one year = 1650 × 12 = 19800amount paid in 2 years = 19800 × 2 = 39600extra amount paid by him as interest = 39600 - 30000 = 9600