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Question
Jay started his own business by borrowing ₹40,000 from his friend. He earned about ₹33,000 from his business. How much extra should he earn to give back the entire amount?
Jay started his own business by borrowing ₹40,000 from his friend. He earned about ₹33,000 from his business. How much extra should he earn to give back the entire amount?
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Solution
The correct option is B ₹7000
Total money borrowed = ₹ 40,000
Money earned= ₹ 33,000
Money Jay must earn to return the amount
= ₹40,000 - ₹33,000
= ₹7000
Total money borrowed = ₹ 40,000
Money earned= ₹ 33,000
Money Jay must earn to return the amount
= ₹40,000 - ₹33,000
= ₹7000
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