Rakhi paid ₹1500 to the bank. If the loan amount that she took from the bank was ₹2400 then how much did she pay extra to the bank?

₹240

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₹400

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₹900

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₹1200

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Solution

The correct option is C ₹900
Usually if we take some amount from the bank as loan we need to pay some extra money to the bank.

Amount paid by Rakhi = ₹1500
Since she paid ₹2400
So extra money that she paid to settle the loan amount is
= ₹2400 - ₹1500
= ₹900

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