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Explore · Class 7 · Life Skills · Money and Banking

Aman's friend borrows ₹5,000 from a moneylender to buy a new phone

Aman's friend borrows ₹5,000 from a moneylender to buy a new phone. He says he'll just pay back ₹5,000 next month — "I only have to return what I took." Aman's sister says that's not how borrowing works. Who is right?

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