CBSE Class 10 Maths (Standard) 2023 · Paper 30(B)/5 · Question 36
Ravindra took a loan of Rs 3,45,000 from a bank to buy a car, and decided to pay back by Rs 2,000 at the end of the first month and then increased the instalment amount by Rs 200 each month. Based on the above, answer the following questions :
- aFind the amount paid by him in 10th instalment.[1]
- bFind the total amount paid by him in first 10 instalments.[1]
- cIn how many instalments would he clear his total loan? OR What amount will he be able to clear in his first 45 instalments?[2]
Answer
(a) Rs 3800; (b) Rs 29000; (c) 50 instalments (OR Rs 2,88,000 in 45 instalments).
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