Advertisements
Advertisements
Question
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?
Advertisements
Solution
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.
APPEARS IN
RELATED QUESTIONS
Find the sum of all natural numbers lying between 100 and 1000, which are multiples of 5.
Between 1 and 31, m numbers have been inserted in such a way that the resulting sequence is an A.P. and the ratio of 7th and (m – 1)th numbers is 5:9. Find the value of m.
The difference between any two consecutive interior angles of a polygon is 5°. If the smallest angle is 120°, find the number of the sides of the polygon.
Find the sum of all two digit numbers which when divided by 4, yields 1 as remainder.
The pth, qth and rth terms of an A.P. are a, b, c respectively. Show that (q – r )a + (r – p )b + (p – q )c = 0
A manufacturer reckons that the value of a machine, which costs him Rs 15625, will depreciate each year by 20%. Find the estimated value at the end of 5 years.
Show that the following sequence is an A.P. Also find the common difference and write 3 more terms in case.
−1, 1/4, 3/2, 11/4, ...
Find:
10th term of the A.P. 1, 4, 7, 10, ...
If the sequence < an > is an A.P., show that am +n +am − n = 2am.
Which term of the A.P. 4, 9, 14, ... is 254?
The 6th and 17th terms of an A.P. are 19 and 41 respectively, find the 40th term.
If (m + 1)th term of an A.P. is twice the (n + 1)th term, prove that (3m + 1)th term is twice the (m + n + 1)th term.
Find the 12th term from the following arithmetic progression:
3, 8, 13, ..., 253
How many numbers of two digit are divisible by 3?
Find the sum of the following arithmetic progression :
3, 9/2, 6, 15/2, ... to 25 terms
Find the sum of all natural numbers between 1 and 100, which are divisible by 2 or 5.
Show that the sum of all odd integers between 1 and 1000 which are divisible by 3 is 83667.
Find the sum of all those integers between 100 and 800 each of which on division by 16 leaves the remainder 7.
Find the sum of odd integers from 1 to 2001.
If the sum of n terms of an A.P. is nP + \[\frac{1}{2}\] n (n − 1) Q, where P and Q are constants, find the common difference.
If a, b, c is in A.P., then show that:
bc − a2, ca − b2, ab − c2 are in A.P.
If a, b, c is in A.P., prove that:
(a − c)2 = 4 (a − b) (b − c)
A man saved Rs 16500 in ten years. In each year after the first he saved Rs 100 more than he did in the receding year. How much did he save in the first year?
A manufacturer of radio sets produced 600 units in the third year and 700 units in the seventh year. Assuming that the product increases uniformly by a fixed number every year, find (i) the production in the first year (ii) the total product in 7 years and (iii) the product in the 10th year.
The income of a person is Rs 300,000 in the first year and he receives an increase of Rs 10000 to his income per year for the next 19 years. Find the total amount, he received in 20 years.
A carpenter was hired to build 192 window frames. The first day he made five frames and each day thereafter he made two more frames than he made the day before. How many days did it take him to finish the job?
A man saved ₹66000 in 20 years. In each succeeding year after the first year he saved ₹200 more than what he saved in the previous year. How much did he save in the first year?
Write the common difference of an A.P. whose nth term is xn + y.
Write the common difference of an A.P. the sum of whose first n terms is
Write the sum of first n odd natural numbers.
If Sn denotes the sum of first n terms of an A.P. < an > such that
If the first, second and last term of an A.P are a, b and 2a respectively, then its sum is
If in an A.P., Sn = n2p and Sm = m2p, where Sr denotes the sum of r terms of the A.P., then Sp is equal to
The pth term of an A.P. is a and qth term is b. Prove that the sum of its (p + q) terms is `(p + q)/2[a + b + (a - b)/(p - q)]`.
The number of terms in an A.P. is even; the sum of the odd terms in lt is 24 and that the even terms is 30. If the last term exceeds the first term by `10 1/2`, then the number of terms in the A.P. is ______.
