3.A farmer takes a loan of 1 lakh from a bank to buy a tractor. He pay – InterviewSolution

1.	3.A farmer takes a loan of 1 lakh from a bank to buy a tractor. He paysback 5550 per month to the bank for two years. How much money doeshe pay back to the bank? How much extra money (interest) does he payto the bank?
Answer» He does not WANT to PAY BACK the BANK was to pay him ₹33,200.

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