Shamshad Ali buys a scooter for Rs 22000

MATHEMATICS · Subjective · ICSE · Mathematics · Commercial Mathematics · Commercial Mathematics

Problem

14. Shamshad Ali buys a scooter for Rs 22000 . He pays Rs 4000 cash and agrees to pay the balance in annual instalment of Rs 1000 plus 10%10 \% interest on the unpaid amount. How much will the scooter cost him?

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