If Rahul bought a new phone for ₹30000 when he just had ₹26000 in his savings account, how much debt he will be in?

No debt

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A debt of ₹1000

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A debt of ₹2000

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A debt of ₹4000

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Solution

The correct option is D
A debt of ₹4000

The cost of the phone = ₹30000
The amount Rahul had in his account = ₹26000

Here, amount in his savings < cost of the phone.

Thus, the amount that he should have borrowed to buy the phone = 30,000 - 26, 000 = ₹4000

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If Rahul bought a new phone for ₹30000 when he just had ₹26000 in his savings account, how much debt he will be in?

The correct option is D A debt of ₹4000 The cost of the phone = ₹30000 The amount Rahul had in his account = ₹26000 Here, amount in his savings < cost of the phone. Thus, the amount that he should have borrowed to buy the phone = 30,000 - 26, 000 = ₹4000

The correct option is D
A debt of ₹4000

The cost of the phone = ₹30000
The amount Rahul had in his account = ₹26000

Here, amount in his savings < cost of the phone.

Thus, the amount that he should have borrowed to buy the phone = 30,000 - 26, 000 = ₹4000