Practice Iracy needs money to buy a net. Jhansi and her sister want to

1.	Practice Iracy needs money to buy a net. Jhansi and her sister want to buy a log boat.So they take loan from their bank. They will return it with interest.) Gracy took a loan of R 4,000 to buy a net. She paid back 345 every monthfor one year. How much money did she pay back to the bank?
Answer» Gracy took loan = Rs.4000 Every month she pay = Rs. 345 One year = 12 months ( we will multiply the Rs. every month she pays and the no. of months ) She pay back = Rs.345× 12 months = Rs.4140 ∴ In the whole she paid Rs. 4140

Practice Iracy needs money to buy a net. Jhansi and her sister want to buy a log boat.So they take loan from their bank. They will return it with interest.) Gracy took a loan of R 4,000 to buy a net. She paid back 345 every monthfor one year. How much money did she pay back to the bank?

Answer»

Gracy took loan = Rs.4000

Every month she pay = Rs. 345

One year = 12 months

( we will multiply the Rs. every month she pays and the no. of months )

She pay back = Rs.345× 12 months = Rs.4140

∴ In the whole she paid Rs. 4140