Economy, asked by mondaldebajyoti321, 4 months ago

Read the information given below and select the correct option -
needs credit to meet his daily expenses. He depends upon his employer, the landowner for credit
Mohan is an agricultural labourer. There are several months in a year when he has no work and
who charges an interest rate of 5 per cent per month. Mohan repays the money by working
force its will
Onty and
As your
Tamil
st
DAD
1
physically for the landowner on his farmland.
Over the years his debt will -
A. Increase - because of increasing interest and non-payment of monthly amount
B. Remain constant - as he is working for the employer but is repaying less
C.Reduce - as amount equivalent to his salary is being counted as monthly repayment
D. Be totally repaid - as he is repaying the debt in the form of physical labour

Answers

Answered by nrjgupta984
3

Answer: Over the years his debt will -

A. Increase - because of increasing interest and non-payment of monthly amount

Explanation:

Since he is having no work for several months of the year and he has to depend on the landowner for credit. Besides that interest is also there to add problems of repayment.

Answered by roshansingh02003
0

Answer:

bro tumne jo answer dia wo wrong hai

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