Question

Somesh took a loan of Rs. 50,000/- from a bank. He returned Rs. 54,500/- at the end of the year. Find the interest he paid against the loan. Give answer in word problem​

Answer 1

Answer:

4500

Step-by-step explanation:

loan =50000

returned=54500

interest =x

ATQ

50000+x=54500

x=54500-50000

x=4500

so he paid ₹4500 ad interest

Answer 2

Step-by-step explanation:

54,500 - 50000 =4,500

the interest is 4,500