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

MAT DILR Questions | LRDI Questions For MAT

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

MAT Verbal Ability Questions | VARC Questions For MAT

MAT Grammar and Sentence Correction Questions MAT Miscellaneous Questions MAT Verbal Ability Questions MAT Para Summary Questions MAT Odd One Out Questions MAT Vocabulary Questions MAT Critical Reasoning Questions MAT Reading Comprehension Questions MAT Para Jumbles 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 Started with 5000+ Free CAT Questions & Mock Tests with Detailed Solutions!