A man repays a loan of Rs. 3,250 by paying Rs. 305 in the first month and then decreases the payment
by Rs. 15 every month. How long will it take to clear his loan?
Answers
Answered by
1
Answer:
First month he gave 305 rupees , So now he has to repay (3250-305)= 2945 rupees
Now he decreases the monthly amount by 15 so he will pay (305-15)=290 rupees/month
he will take (2945÷290)=10 approx
10+1= 11 months in total
Similar questions