MyQuestionIcon

1

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

Total Price

Jack borrowed...

Question

Jack borrowed a sum of ₹50,000 and returned ₹65,000 to the bank. How much interest(in ₹) did he pay?

A

20,000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

15,000

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

5,000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

10,000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B 15,000
Ans: Option B - 15,000

Suggest Corrections

thumbs-up

0

Similar questions

Ram borrowed a sum of ₹50,000 and returned ₹67,000 to the bank. How much interest did he pay?

Q. How much interest did he pay?
Money borrowed = ₹1,00,000
Money returned = ₹1,20,000

Q. Pushpa borrows ₹70,000 from a friend with a promise to return it in next 6 months. In the first four months he returned ₹50,000 in total, In the fifth and sixth months he returned ₹19,000 and ₹8,000 respectively. How much interest did he pay?

Q. James borrowed a sum of ₹52,500 from the bank . At the end of 2 years he paid back a total of ₹58,800. How much interest did he pay?

Q. Tim borrowed ₹75,000 from the bank. He paid

\frac{1}{6}

of this money as interest to the bank after 3 years. How much interest did he pay?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Total Price

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Standard V Mathematics

Join BYJU'S Learning Program

CrossIcon