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Raghu wish to buy a laptop. He can buy i...

Raghu wish to buy a laptop. He can buy it by paying ₹40,000 cash or by giving it in 10 installments as ₹4800 in the first month, ₹4750 in the second month, ₹4700 in the third month and so on. If he pays the money inn this fashion, find
total amount paid in 10 installments.

Text Solution

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The correct Answer is:
`45750`
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Raghu wish to buy a laptop. He can buy it by paying ₹40,000 cash or by giving it in 10 installments as ₹4800 in the first month, ₹4750 in the second month, ₹4700 in the third month and so on. If he pays the money inn this fashion, find how much extra amount that he has to pay than the cost?

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