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Loan and Rent

Babu took a l...

Question

Babu took a loan of ₹300 from Renu. He has to pay ₹60 to her for a period of 6 months. He has to pay Renu in a period of 6 months.

A

₹300

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B

₹330

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C

₹340

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D

₹360

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Solution

The correct option is D ₹360
Money paid by Babu per month $= ₹ 60$
Money Babu has to pay in 6 months $= ₹ 60 \times 6 = ₹ 360$

Therefore, Babu has to pay Renu a sum of ₹360 in a period of six months.

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