4) Surendra purchases a scooter for Rs. 25000. He pays Rs. 5000 in cash an
agrees to pay the balance in annual intervals of Rs.2000 plus 10% intere
the unpaid amount. Find the total payment made for the scooter.
..
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Answer:
Surendra purchases a scooter = Rs 25,000
He pays cash = Rs 5,000
The balance in annual intervals plus intere 10% = Rs 2,000
- Total payment made for the scooter = 5000/2000×25000/10 = Rs 6250
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