मराठी

A Farmer Buys a Used Tractor for Rs 12000. He Pays Rs 6000 Cash and Agrees to Pay the Balance in Annual Instalments of Rs 500 Plus 12% Interest on the Unpaid Amount. How Much the Tractor Cost Him? - Mathematics

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प्रश्न

A farmer buys a used tractor for Rs 12000. He pays Rs 6000 cash and agrees to pay the balance in annual instalments of Rs 500 plus 12% interest on the unpaid amount. How much the tractor cost him?

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उत्तर

Cost of the tractor = Rs 12000
It is given that the farmer pays Rs 6000 in cash.
Unpaid amount = Rs 6000
He has to pay Rs 6000 in annual instalments of Rs 500 plus 12% interest on the unpaid amount.
∴ Number of years taken by the farmer to pay the whole amount = 6000

\[\div\] 500 = 12
Hence, the interest paid by farmer annually would be as follows:

12 % of Rs 6000 + 12 % of Rs 5500 + 12 % of Rs 5000

\[ = 720 + 660 + 600 . . . . \]

It is in an A.P. where a = 720 , d = \[-\] 60 \text { and } n = 12. 

Total sum:

\[\frac{12}{2}\left[ 2 \times 720 + 11 \times - 60 \right]\]

\[ = 6\left[ 1440 - 660 \right]\]

\[ = \text {Rs }4680\]

∴ Amount the farmer has to pay = Rs 12000 + Rs 4680 = Rs 16680

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पाठ 19: Arithmetic Progression - Exercise 19.7 [पृष्ठ ४९]

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आरडी शर्मा Mathematics [English] Class 11
पाठ 19 Arithmetic Progression
Exercise 19.7 | Q 8 | पृष्ठ ४९

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