ramesh took a loan of rs 50000 from urmila at the rate of 10%p.a. if he paid half of the principal and all the interest at the end of 3 years in how many years should he pay the remaining amount with total interest of 20000 from the beginning?

If you pay the loan of 55000 at the end of year 2, constant payment from year 1 After that, I paid 110% of the balance. C. I have always calculated in terms of the previous year's amounts

= \frac{55000}{110} \times 100 = 50000

So after the first year, a certain amount is paid, and the remaining amount is will be 50000.

So a certain amount to be paid in 1 year = 88000 -50000 = 38000

A loan is a type of debt owed by an individual or other legal entity. A lender (usually a corporation, financial institution, or government) makes an advance payment to a borrower. In return, the borrower agrees to certain terms, including financing costs, interest, repayment dates, and other terms.

A loan is an amount of money borrowed from a bank or other financial institution by one or more individuals or businesses to finance planned or unscheduled events. A borrower takes out a loan that must be repaid with interest within a certain period of time. May 6, 2022

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ramesh took a loan of rs 50000 from urmila at the rate of 10%p.a. if he paid half of the principal and all the interest at the end of 3 years in how many years should he pay the remaining amount with total interest of 20000 from the beginning?​

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ramesh took a loan of rs 50000 from urmila at the rate of 10%p.a. if he paid half of the principal and all the interest at the end of 3 years in how many years should he pay the remaining amount with total interest of 20000 from the beginning?