Question

Ajay Sharma repays the borrowed amount of Rs 3,25,000 by paying Rs 30500 in the first month and then decreases the payment by Rs 1500 every month. How long it will take to clear his Amount? Plzz give step by step detail explanation.​

Answer 1

Answer:

let ajay sharma repays borrowed

amount=2,25,000

first month=30500

decrease amount every month =1500

30500-1500=29000

so, we minus multiple times

20x1500-30500

30000-30500 = 500

so, his amount lastly balance 500

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