ramesh wants to buy a cellphone he can buy it by paying rs15000 cash or by making 12 monthly installments as rs1800 in 1st month rs1750 in the end month rs1700 in 3rd month and so on if he pays the money in installments find total amount paid in installments and how much extra he has to pay over and about the costprice
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Price of cellphone= ₹ 15000
Total Monthly installments= 12
1st month instalment= ₹ 1800
2nd month instalment= ₹ 1750
3rd month instalment= ₹1700
4th month instalment= ₹1650
5th month instalment= ₹1600
And so on the money decreases every month by 500 ₹
He pays total ₹ = 18300
Total Monthly installments= 12
1st month instalment= ₹ 1800
2nd month instalment= ₹ 1750
3rd month instalment= ₹1700
4th month instalment= ₹1650
5th month instalment= ₹1600
And so on the money decreases every month by 500 ₹
He pays total ₹ = 18300
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