CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The amount of money borrowed from the bank is called the .

A
profit
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
interest
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
loan
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is C loan
The amount of money borrowed from the bank is called the loan, and the extra amount of money paid back to the bank other than the loan is called the interest.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Prices Related to Buying and Selling
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon