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Question

A mototrcycle costs ₹ 70000. Rishi has ₹ 30500 with him. How much money he should ask for a loan to buy the motorcycle?

A
₹ 30500
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B
₹ 39500
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C
₹ 49500
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D
₹ 20000
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Solution

The correct option is B ₹ 39500
The loan amount is given by subtracting the amount in pocket from the total cost.

Cost of mototcycle = ₹ 70000
Money with Rishi = ₹ 30500
-_____________
Loan amount = ₹ 39500

Rishi should take a loan of ₹ 39500.

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