A man took a home loan of $\text{₹ } 40,00,000$ from a bank at the interest of $6\cdot75%$ per annum compounded monthly which is to be amortized by equal payments at the end of each month for $10$ years. Based on the above information, answer the following questions : Find the monthly instalment. $\text{[Use } (1\cdot005625)^{-120} = 0\cdot510120]$