Home
Class 10
MATHS
Rahamatchaha takes a loan amount of 2,40...

Rahamatchaha takes a loan amount of `2,40,000Rs` from a bank for constructing a building at the rate of simple interest of `12%` per annum. After `1` year of taking the loan he rents the house at the rate of `5200Rs` per month. Then, determine the number of years he would take to repay his loan along with interest from the income of the houserent.

Promotional Banner

Similar Questions

Explore conceptually related problems

Rahimchacha takes a loan amount of Rs 2,40,000 from a bank for construting a building at the rate of simple interest of 12% per annum. After 1 year of taking the loan he rents the house at the rate of Rs 52000 per month. Determine the number of years he would take to repay his loan along with interest from the income of the houserent.

Rahamatchacha takes a loan amount of rupees 2,40,000 from a bank for constructing a building at the rate of simple interest of 12% per annum. After 1 year.of taking the loan he rents the house at the rate of 5200 rupees per month. Let us determine the number of yrs. he would take to repay his loan along with interest from the income of the houserent.

If the rate of simple interest is 12% per annum, the amount the would fetch interest of Rs. 6000 per annum is :

To repay a loan of Rs6450 at a rate of simple interest of 5% per annum in 4 years, find the amount of each instalment.

Goutam took a loan of some money from a cooperative bank for opening a poultry farm at the rate of simple interest of 12% per annum. Every month he has to repay 378Rs as interest. Determine the loan amount taken by him.

A person took a loan of ₹ 4000 from a bank at tha rate of 7% simple interest per annum and just after 1 year he took another loan of ₹ 4000 from the same bank at the rate of 8% simple interest per annum. Calculate after how many years of taking the secoond loan, the interest of his two loans will be equal .

Determine the total amount of Rs5000 at the rate of 7(1)/(2)% simple interest per annum is 5 years.

Find the compound interest on Rs 40,000 at 12% per annum for a period of 2 years. (in Rs).

A person took a loan of Rs40000 at the rate of 10% simple interest per annum to contruct a house. After 2 years he gave return Rs20000 to the bank. After more 2 years what amount should he return to the bank so as to repay his completely?

A lends a loan amount of Rs 10,000 to B at a simple interest rate of 5% per annum for a year. What will be the total amount returned by B?