Question

Rubina took loan of rs 5000 from meenkar bank . she paid back rs 500 every moth for one year . Find the total amount she paid to back ?​

Answer 1

Step-by-step explanation:

Loan amount=Rs.4000/−

EMI=Rs.345/−

No of months in a year=12

Total amount paid to bank=345×12=Rs.4140/

Answer 2

Loan amount=Rs.5000/−

Amount paid back every month=Rs.500/−

No of months in a year=12

Total amount paid to bank=500×12=Rs.6000/−

Answer: Rs.6000/−

Step-by-step explanation:

Hope this answer will be helpful..