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Explore · Class 8 · Life Skills · Credit, Loans and Interest

A credit card bill is ₹10,000, with a "minimum due" of ₹500

A credit card bill is ₹10,000, with a "minimum due" of ₹500. Mehar thinks paying the ₹500 minimum settles that month's bill completely, with nothing left owing. Her brother Rehan disagrees. Who is right?

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More disagreements in Credit, Loans and Interest

A phone costs ₹24,000A loan is advertised as "just 10% interest." Naina thinks that means the interest is the o₹10,000 is invested at 10% interest per year, for 2 years

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