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?

₹11000

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₹9000

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₹7000

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₹5000

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Solution

The correct option is C ₹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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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?

The correct option is C ₹7000Total money borrowed = ₹ 40,000 Money earned= ₹ 33,000 Money Jay must earn to return the amount = ₹40,000 - ₹33,000 = ₹7000

The correct option is C ₹7000
Total money borrowed = ₹ 40,000
Money earned= ₹ 33,000

Money Jay must earn to return the amount
= ₹40,000 - ₹33,000
= ₹7000