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I borrow money from a person 65000 and he said I will bay him with...

I borrow money from a person 65000 and he said I will bay him with 8 bag of rice, which mean I collect the money at 8000 per bag of rice hoping that when new rice conme out I will gate it at 15000 per bag, but it end up coming out at rate of 23000 and I could not be able to pay it at that time. Now the man is telling me to pay 720000 naira for the 65000 I borrowed in 1 year 6 months please help me out with good advice?
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Asked by emmanuelmanu on 11th February, 2022
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WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
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WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts