Instructions

Answer these questions based on the data given in the following table. The table shows the installment amounts for monthly repayments (in Rupees) on housing society loans for different periods.

Question 86

What is the total amount repaid over 25 years on a loan of Rs. 15,00,000?

Solution

Amount to be repaid while taking a loan of Rs. 15,00,000 with a repayment period of 25 years

= $$12650\times25\times12=Rs.$$ $$37,95,000$$

=> Ans - (B)

View More Questions From Quant

Create a FREE account and get:

All Quant Formulas and Shortcuts PDF
100+ previous papers with solutions PDF
Top 5000+ MBA exam Solved Questions for Free

MAT Quant Questions | MAT Quantitative Ability

MAT Simple Interest Compound Interest Questions MAT Time Speed Distance Questions MAT Venn Diagrams Questions MAT Time, Speed and Distance Questions MAT Number Series Questions MAT Number Systems Questions MAT Arithmetic Questions MAT Coordinate Geometry Questions MAT Data Sufficiency Questions MAT Inequalities Questions MAT Progressions and Series Questions MAT Averages, Ratio and Proportion Questions MAT Probability, Combinatorics Questions MAT Remainders Questions MAT Profit And Loss Questions MAT Averages Mixtures Alligations Questions MAT Linear Equations Questions MAT Logarithms, Surds and Indices Questions MAT Profit and Loss Questions MAT Percentages Questions MAT Quadratic Equations Questions MAT Time And Work Questions MAT Averages Questions MAT Geometry Questions MAT Mensuration Questions MAT Functions, Graphs and Statistics Questions MAT Algebra Questions MAT Logarithms Questions

MAT DILR Questions | LRDI Questions For MAT

MAT Scheduling Questions MAT DI Miscellaneous Questions MAT Quant Based LR Questions MAT Games and Tournamnents Questions MAT Data Interpretation Basics Questions MAT Data Interpretation Questions MAT Table based DI Sets Questions MAT Truth Lie Concept Questions MAT Coins and Weights Questions MAT Special Charts Questions MAT Venn Diagrams Questions MAT Charts Questions MAT Miscellaneous LR Questions MAT Quant Based DI Questions MAT Selection With Condition Questions MAT Arrangement Questions MAT Data change over a period Questions MAT Routes And Networks Questions MAT Maxima-Minima Questions MAT 2D & 3D LR Questions MAT Puzzles Questions MAT DI with connected data sets Questions

MAT Verbal Ability Questions | VARC Questions For MAT

MAT Odd One Out Questions MAT Critical Reasoning Questions MAT Reading Comprehension Questions MAT Para Jumbles Questions MAT Vocabulary Questions MAT Grammar and Sentence Correction Questions MAT Miscellaneous Questions MAT Verbal Ability Questions MAT Para Summary Questions

What is the total amount repaid over 25 years on a loan of Rs. 15,00,000?

Solution

MAT Quant Questions | MAT Quantitative Ability

MAT DILR Questions | LRDI Questions For MAT

MAT Verbal Ability Questions | VARC Questions For MAT

Free MAT Quant Questions

Download

Get 5000+ Free CAT Questions & Mock Tests – Join Today!