jhanshi and her sister took a loan of rs 21,000 to buy a long boat they paid back total of rs 23,520 in one year how much did they pay back every month
jhanshi and her sister took a loan of rs 21,000 to buy a long boat they paid back total of rs 23,520 in one year how much did they pay back every month
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Verified answer
Given :-
Solution :-
They Paid back Rs.23520 after 1 years.
So, we can say That,
→ After 12 months They Paid = Rs.23520
→ Each Month They paid back = (23520/12) = Rs.1960 .
Hence, They Paid Back Rs.1960 Every Month.
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Extra :-
in Question if It is Asked How much More They Paid Every Month ?
Than,
→ Money They Borrowed for 1 year = Rs.21000
→ Money They Get For Every Month = (21000)/12 = Rs.1750 .
And,
→ After 12 months They Paid = Rs.23520
→ Each Month They paid back = (23520/12) = Rs.1960 .
So,
→ Money They Paid Extra Per Month = 1960 - 1750 = Rs.210.
Hence, They Paid Rs.210 Extra every Month.
Shortcut :-
→ Extra money she pay = 23520- 21000= Rs.2520
So , in one year she pay Rs.2520 extra ....
→ Per month = (2520/12) = Rs.210 (Ans).
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