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

Explanation

It is given that Shamshad Ali bought a scooter for Rs 22000.

He paid Rs 4000 in cash.


Let the unpaid amount be U.


The unpaid amount is given by,


U=22000−4000 =18000 Rs
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