Arjun borrowed ₹ 71,600 from a bank. If he has to pay ₹ 84,100 in total, then the interest paid by him is

₹ 11,500

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₹ 12,500

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₹ 10,500

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Solution

The correct option is B ₹ 12,500
Interest
= Amount paid back - Amount took as loan
= ₹ 84,100 - ₹ 71,600
= ₹ 12,500

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Arjun borrowed ₹ 71,600 from a bank. If he has to pay ₹ 84,100 in total, then the interest paid by him is

The correct option is B ₹ 12,500Interest = Amount paid back - Amount took as loan = ₹ 84,100 - ₹ 71,600 = ₹ 12,500

The correct option is B ₹ 12,500
Interest
= Amount paid back - Amount took as loan
= ₹ 84,100 - ₹ 71,600
= ₹ 12,500