As per the agreement with a bank, a businessman had to refund a loan in some equal instalments without interest. After paying 18 instalments he found that 60 per cent of his loan was refunded. How many instalments were there in the agreement?

As per the agreement with a bank, a businessman had to refund a loan i

1.	As per the agreement with a bank, a businessman had to refund a loan in some equal instalments without interest. After paying 18 instalments he found that 60 per cent of his loan was refunded. How many instalments were there in the agreement?
A.	22
B.	24
C.	30
D.	33
Answer» D. 33

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As per the agreement with a bank, a businessman had to refund a loan in some equal instalments without interest. After paying 18 instalments he found that 60 per cent of his loan was refunded. How many instalments were there in the agreement?

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