Economy, asked by Braɪnlyємρєяσя, 2 months ago

\huge \fbox \red{❥ Question}
On what terms did Savita get a loan from Tejpal Singh? Would Savita’s condition be different if she could get a loan from the bank at a low rate of interest?
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Answers

Answered by llUnknown23ll
5

Explanation:

35 per day. (ii) The rate of interest charged by Tejpal Singh was higher than that of banks. If Savita had taken the loan from the bank, interest would have been lower and she could have easily repaid the loan and her condition would have been far better.

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