9. Mr. Jhon buys a second hand bike
for Rs. 18,000. He pays Rs. 12,000
cash and agrees to pay the balance in
annual installments of Rs. 500 plus 10%
interest on the unpaid amount. How
much will the bike cost him ?
(A) 20,000 (B) 23,000
(C) 21,900 (D) 22,500
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Answer:
20000 is answer get it up Bangaram and Telugu Medium school or college and the way
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So we have
1100, 1050, 1000 …… 12 terms
So this is in Arithmetic.Progression where a = 1100, d = 1050 – 1100 = - 50, n = 12
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