A guy has debt of 5 lakhs INR, he pays10K PA(every month)+ 5K(interest)=10,500 in 1st month ,Rs.10,40 in 2nd, Rs4800,4700 and so on.? what is %interest he is paying,how to calculate it?
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A guy has debt of 5 lakhs INR, he pays10K PA(every month)+ 5K(interest)=10,500 in 1st month ,Rs.10,40 in 2nd, Rs4800,4700 and so on.? what is %interest he is paying,how to calculate it?