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)
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