Ajit borrows a sum of ₹ 200 from firm A and ₹ 300 from firm B. Find the total loan he took.

₹ 200

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₹ 300

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₹ 500

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₹ 100

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Solution

The correct option is C ₹ 500
Loan is an amount borrowed from someone which has to be returned with or without interest to the lender.

In this case, Ajit has borrowed the money as a loan amount.

The total loan Ajit took
= ₹ (200+300) = ₹ 500.

Hence, the amount of loan on him = Rs. 500.

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Similar questions

A firm’s SMC schedule is shown in the following table. The total fixed cost of the firm is Rs 100. Find the TVC, TC, AVC and SAC schedules of the firm.

L	TP_L
0	−
1	500
2	300
3	200
4	300
5	500
6	800

Let n(U) = 700, n(A) = 200, n(B) = 300 and n(A ∩ B) = 100,

Then n $(A^{c} \cap B^{c})$ =

Q. Let

n (U) = 700

n (A) = 200

n (B) = 300

and

n (A \cap B) = 100, then n (A^{c} \cap B^{c})

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Ajit borrows a sum of ₹ 200 from firm A and ₹ 300 from firm B. Find the total loan he took.

The correct option is C ₹ 500Loan is an amount borrowed from someone which has to be returned with or without interest to the lender. In this case, Ajit has borrowed the money as a loan amount. The total loan Ajit took = ₹ (200+300) = ₹ 500. Hence, the amount of loan on him = Rs. 500.

The correct option is C ₹ 500
Loan is an amount borrowed from someone which has to be returned with or without interest to the lender.

In this case, Ajit has borrowed the money as a loan amount.

The total loan Ajit took
= ₹ (200+300) = ₹ 500.

Hence, the amount of loan on him = Rs. 500.