Chapter: Simple Interest
Question
Rahamatchacha takes a loan amount of ₹ 2,40,000 from a bank of for construction a building at the rate of simple interest of 12% per annum. After 1yr, of taking the loan he rents the house at the rate of ₹ 5200 per month. Let us determine the number of yrs, he would take to repay his loan with interest from the income of the business.
Related Question
Chapter: Simple Interest
Chapter: Simple Interest