As per agreement with a bank, a businessman had to refund a loan in some equal instalments without interest. After paying 18 instalments he found that 60 percent of his loan was refunded. How many instalments were there in the agreement?
Explanation & Solution
Correct Option: (C) 30
Derive total instalment quantities from percentages of loans repaid.
हिंदी में प्रश्न एवं आदर्श उत्तर
As per agreement with a bank, a businessman had to refund a loan in some equal instalments without interest. After paying 18 instalments he found that 60 percent of his loan was refunded. How many instalments were there in the agreement?
सही उत्तर: (C) 30
Derive total instalment quantities from percentages of loans repaid.