Jaspal Singh repays his total loan of Rs. 118000 by paying every month starting with the
Channel: Doubtnut
Date: 2020-01-19

Jaspal Singh repays his total loan of Rs. 118000 by paying every month starting with the first installment of Rs. 1000. If he increases the installment by Rs. 100 every month, what amount will be paid by him in the 30th installment? What amount of loan does he still have to pay after the 30th installment?