Originally posted by 9StockPortfolio
Forget 14.42% Even if I earn @10% every year, I earn Rs. 1334.. Sir, where did you get that loss from?PS: Ok, I got how you calculate. you are paying back from the loan amount. While I am using/rotating full 100k amount for 4 yrs, while paying interest from my pocket..
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Its profit of 18 rs. typo error.
Its difficult to understand ur maths.
how u can rotate full 100K amt for 4 years when u have to pay back 2883 every month.
have you calculated cost of borrowing on that amt.2883 per month?
and if ur paying back from loan 100k plz explain how u can earn rs.900 per month till 48th month when ur cash on hand reducing every month.
Edited by Chetan Panchal - 19/Jan/2010 at 11:53am