Arun buys a scooter for rs 22000.he pays rs 4000 and agrees to pay the balance amount in annual instalments of rs 1000 each plus 10% interest on the unpaid amount.how much will the scooter cost him?
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Answer:
the answer is 23800
Explanation:
10%interest on unpaid amount(22000-4000) i.e 18000 is 1800
so 22000+1800=23800
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