Kamal buys a washing machine for Rupees. 10000.He pays Rupees 2000 in cash and agrees to pay the balance amount in instalments of Rupees 500 plus 10% interest in unpaid amount .Find the total amount paid for the washing machine?
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16800 ...
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Answer:
Total amount paid for the washing machine is Rs.10800.
Step-by-step explanation:
Given:
Price of the Washing Machine = Rs. 10000
Kamal pays Rs. 2000 cash.
Balance in installments of Rs. 500 + 10% interest of unpaid.
To find: Total Amount paid for washing machine
Amount that is Unpaid = 10000 - 2000 = Rs. 8000
Interest of 8000 = 10/100 × 8000 = Rs. 800
Number of installments paid by Kamal = 8000/500 = 16
Total Amount he pay = 200 + 16 × 500 + 800 = Rs. 10800
Therefore, Total amount paid for the washing machine is Rs.10800.
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