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40.3k views
in Mathematics by (69.8k points)

Ajay sharma repays the borrowed amount of Rs.3,25,000 by paying Rs.30500 in the first month and then decreases the payment by Rs.1500 every month. How long will it take to clear his amount? 

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Let the time required to clear the amount be n months. The monthly payment decreases by Rs.1500. Therefore the payments are in A.P. 

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