Question

A loan of ₹5,00,000 is taken at an interest rate of 10% per annum for 5 years with equal annual principal repayments. What is the total interest paid over the loan tenure?

A ₹1,25,000
B ₹1,50,000
C ₹1,75,000
D ₹2,00,000
E ₹2,25,000
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