Question

A man repays a loan of Rs.3250 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?​

Answer 1

Here, a = 305, d = 15, Sn = 3250 Let time required to clear the loan be n months. Since n is a natural number. ∴ The time required to clear the loan is 20 months.

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