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Drishti’s father wants to buy a house for Rs. 25,00,000. He wants to get a loan of Rs.15,00,000 from a bank and wishes to pay around Rs. 70,000 as a monthly installment to clear the loan. If the bank charges 9% interest, in how many months will Drishti’s father clear the loan amount?

Drishti’s father wants to buy a house for Rs. 25,00,000. He wants to get a loan of Rs.15,00,000 from a bank and wishes to pay around Rs. 70,000 as a monthly installment to clear the loan. If the bank charges 9% interest, in how many months will Drishti’s father clear the loan amount?

Grade:12th pass

1 Answers

Pawan Prajapati
askIITians Faculty 60796 Points
2 months ago
Our expert is working on this Class VIII Maths answer. We will update the answer very soon.

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