Question

Joseph wanted to purchase a house at Bangalore whose cost was Rs. 37,50,000. He had a saving of Rs. 25,05,800 only in his account. How much amount will be need as loan?

Answer 1

Answer:

Amount needed for the house = ₹37,50,000

Amount Joseph has = ₹25,05,800

Amount of loan needed = ₹ 37,50,000 - ₹25,05 , 800 = ₹12,44,200

Joseph needs a loan of ₹12,44,200.

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