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There is ₹60000 loan and ₹900 interest. What is the total amount payable?

Answer and explanation

Correct answer: ₹60900

When a loan and its interest are both payable, the total settlement amount is the sum of the principal loan and the interest due. The loan is ₹60,000 and the separate interest amount is ₹900. No subtraction is required because interest is an additional charge for using the money; it is added to the amount that must be paid.

The calculation is ₹60,000 + ₹900 = ₹60,900. Therefore option A is correct. Option B includes only the loan and leaves out the interest. Option D includes only the interest, while option C subtracts the interest from the loan and gives an amount that is not the stated payable total. The question gives all required figures directly, so no rate or time calculation is needed.

Related tags

Total PayableInterestNumerical

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