alleryStart learning →A Rs 90,000 loan is repaid by an EMI of Rs 8,000 for 12 months. Total repaid?
ARs 90,000
BRs 96,000
CRs 8,000
DRs 12,000
Answer & Solution
Correct answer: B. Rs 96,000
8,000 x 12 = Rs 96,000, which is 6,000 more than the principal.
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