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Installments
Mathematics
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Installments

Everything you need to master Installments — the core concept, the method that actually works, and solved practice questions, all in one focused place. · by Digital Benchers

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Installments is an important topic in Mathematics for competitive exam aspirants. This guide gives you a clear, exam-focused explanation of Installments, shows how it is typically asked, and pairs it with solved practice questions so you can learn the approach and test yourself right away. Work through the questions below to build speed and accuracy.

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Questions
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Q1A loan of ₹3,25,000 is to be repaid in 30 equal monthly installments at 13.5% p.a. (compounded monthly). Find the EMI.DifficultSolve →Q2An EMI of ₹11,800 is paid for 48 months at 11.5% p.a. (monthly compounding). Find the principal.DifficultSolve →Q3₹4,20,000 is repaid by 36 equal EMIs of ₹19,500 (monthly comp.). Find the annual rate (approx).DifficultSolve →Q4How many months to clear a ₹2,75,000 loan by EMIs of ₹13,200 at 12.25% p.a. (monthly comp.)?ModerateSolve →Q5₹1,80,000 is repaid in 6 equal **annual principal** installments at 11% p.a. (simple on outstanding). Find the **first** installment.ModerateSolve →Q6Under the same terms as Q₅, find the **last** installment.ModerateSolve →Q7A loan of ₹65,000 is repaid by two equal **annual** installments at 14% p.a. (interest on outstanding). Find each installment.ModerateSolve →Q8₹1,40,000 is to be repaid in 8 **quarterly** installments at 9.5% p.a. (quarterly comp.). Find each installment.ModerateSolve →Q9A gadget costs ₹2,75,000. Pay ₹55,000 upfront and finance the rest for 24 months at 12.75% p.a. (monthly). Find the EMI.EasySolve →Q10₹3,60,000 at 11.5% p.a. (monthly comp.). If standard EMI is used but you pay a **balloon** after 18 EMIs to close the loan, find the balloon amount.DifficultSolve →

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