MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Addition and Subtraction of Decimals

An NGO took a...

Question

An NGO took a loan of ₹ 50,000 from a bank to build an orphanage. The NGO returned ₹ 60,000 to the bank after 12 months. Find the extra money paid and the monthly installment amount.

Open in App

Solution

Loan amount = ₹ 50,000
Amount returned to bank = ₹ 60,000
Extra money paid = ₹ 60,000 - ₹ 50,000
= ₹ 10,000
Monthly installment amount = ₹ 60,000/12
= ₹ 5,000

Suggest Corrections

thumbs-up

4

Similar questions

Q. Shalini took a loan of ₹80,000 from the bank. She paid ₹4,000 extra to the bank on the loan repayment. Find the monthly installment that she paid for one year?

Q. A bride took a loan of ₹ 3 lakhs to meet the expenses of her marriage at an installment of ₹ 10,000 per month for 3 years.Find the extra money she needs to pay the bank.

Q. Rani took a loan of ₹50,000 from the bank. She paid ₹1000 per month for 5 years to clear the loan. How much extra money did she pay?

Q. Rashi paid ₹1500 per month for 18 months to the bank. She paid ₹3000 extra to the bank. Find the loan amount that she took from the bank.

Q. Rajni took a loan of ₹2000 from the bank. She paid ₹100 per month for 2 years. Find the extra amount that she paid to the bank?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Addition & Subtraction of Decimals

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Addition and Subtraction of Decimals

Standard VII Mathematics

Join BYJU'S Learning Program

CrossIcon