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Expenses

Amount borrow...

Question

Amount borrowed = ₹90,000
Amount paid back = ₹1,00,000

How much interest did he pay?

₹8,000

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₹10,000

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₹20,000

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₹12,000

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Solution

The correct option is B ₹10,000
Amount borrowed = ₹90,000
Amount paid back = ₹1,00,000

Interest paid = ₹1,00,000 - ₹90,000
= ₹10,000

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