1.

a person has taken a loan of rupees 2500 from a cooperative society to repay the loan with rupees 20 as interest after 12 months he starts to save rupees hundred in the first month and rupees 20 more in every next month will he be able to recover the loan in time​

Answer»

Hey mate your answer is here ......

Loan taken by a person = Rs.2500

Interest after 12 months = Rs.20

Now,

Saving of 1st month = Rs. 100

Saving of remaining month = Rs.

20 more

so,

SAVINGS of 2nd month = Rs.100+20

=》Rs.120

Saving of 3rd month
=》 120 + 20
=》 Rs.140
Saving of 4th month
=》140 + 20
=》Rs.160

Similarly, we can find the savings of remaining months
which is = Rs.2520

Since, the loan is lesser than the savings .

Hence, the person is ABLE to pay.
As, 2520 - 2500 = 20
and he ALSO saves Rs.20...........

MARK as brainiliest


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