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Shamshad Ali buys a scooter for Rs 22000. He pays Rs 4000 cash and agrees to pay the balance in annual installment of Rs 1000 plus 10% interest on the unpaid amount.

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प्रश्न

Shamshad Ali buys a scooter for Rs 22000. He pays Rs 4000 cash and agrees to pay the balance in annual installment of Rs 1000 plus 10% interest on the unpaid amount. How much will the scooter cost him?

योग
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उत्तर

price of scooter = 22000 Rs.

cash payment = 4000 Rs.

Unpaid amount = 22000 – 4000

= 18000 Rs.

amount of one installment = 1000 Rs.

∴ total installments = `18000/1000 = 18`

P Interest on principal at 10% per annum for one year = `("P" xx 10 xx 1)/100 = "P"/10`

After paying the installment, the remaining amount on which interest is to be charged for one year,

= 18000, 17000, 16000, ….., 1000

total interest amount

= `1/10 (18000 + 17000 + 16000 + ....... +  "to 18 terms")`

= `1/10 xx 18/2 [2 xx 18000 - (18 - 1) xx 1000]`

= `9/10[36000 - 17000]`

= `(9 xx 19000)/10`

 = 17100 Rs.

total installment amount = 18000 Rs.

cash = 4000 Rs.

Total payment = (18000 + 17000) + 4000 Rs.

= 39,100 Rs.

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अध्याय 8: Sequences and Series - Miscellaneous Exercise [पृष्ठ १४८]

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एनसीईआरटी Mathematics [English] Class 11
अध्याय 8 Sequences and Series
Miscellaneous Exercise | Q 14. | पृष्ठ १४८

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