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Question
Alisha takes a loan of amount ₹70,000. She pays ₹2,000 extra to the bank. Find the monthly amount that she needs to pay for one year?
Alisha takes a loan of amount ₹70,000. She pays ₹2,000 extra to the bank. Find the monthly amount that she needs to pay for one year?
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Solution
The correct option is A ₹6,000
Loan amount = ₹70,000
Extra amount that Alisha paid = ₹2,000
Total amount that Alisha paid = ₹72,000
So if we want to find the montly paid amount we need to find ₹72,000 ÷ 12
= ₹6,000
Loan amount = ₹70,000
Extra amount that Alisha paid = ₹2,000
Total amount that Alisha paid = ₹72,000
So if we want to find the montly paid amount we need to find ₹72,000 ÷ 12
= ₹6,000
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