Mathematics · Simple Interest
Ramesh borrowed ₹1,20,000 interest-free from Aman. If he pays back 6.25% of this total borrowed amount quarterly and has already paid ₹30,000, then for how many months does he need to pay back his loan for the remaining amount?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 138 months
- 236 months✓
- 324 months
- 442 months
Correct answer
36 months
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