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+1 vote
43.6k views
in Mathematics by (77.5k points)

A man repays a loan of Rs.3250 by paying Rs.305 in the first month and then decreases the payment by 15 every month. How long will it take to clear his loan? 

1 Answer

+1 vote
by (87.4k points)
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Best answer

Here, a = 305, d = 15, Sn = 3250 

Let time required to clear the loan be n months. 

Since n is a natural number. 

∴ The time required to clear the loan is 20 months.

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