engineering recuitment NPCIL Plant Operator Mock Test Quantitative Aptitude Interest Compound Interest
Amit borrowed Rs. 30000 interest-free from a merchant. If he pays back 1.25 percent of this amount quarterly and has already paid Rs. 7500 to date, then for how many months has he been paying back his loan?
1
60 months
2
20 months
3
40 months
4
30 months