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Question

# Rashi paid ₹1500 per month for 18 months to the bank. She paid ₹3000 extra to the bank. Find the loan amount that she took from the bank.

A
₹14000
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B
₹18000
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C
₹24000
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D
₹27000
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Solution

## The correct option is C ₹24000Amount paid monthly = ₹1500 Total amount paid in 18 months = ₹1500 x 18 we can multiply 15 and 18 first then add two zeros at the end. ×1051010×10=10010×5=50810×8=808×5=40 By adding all the individual multiples and adding two zeros at the end we will get the total amount = 100+50+80+40 = ₹270 Adding two zeros will make it ₹27000 ∴ Rajni paid ₹27000 to the bank for 18 months. Since she paid ₹3000 extra money so the loan amount is = ₹27000 - ₹3000 = ₹24000

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