Home
Class 11
MATHS
A fanner buys a used tractor for Rs 1200...

A fanner buys a used tractor for Rs 12000. He pays Rs 6000 cash and agrees to pay the balance in annual instalments of Rs 500 plus 12% interest on the unpaid amount. How much will the tractor cost him?

Text Solution

Verified by Experts

The correct Answer is:
Rs. 16680
Promotional Banner

Topper's Solved these Questions

  • SEQUENCES AND SERIES

    MODERN PUBLICATION|Exercise CHECK YOUR UNDERSTANDING|10 Videos

  • SEQUENCES AND SERIES

    MODERN PUBLICATION|Exercise COMPETITION FILE|21 Videos

  • SEQUENCES AND SERIES

    MODERN PUBLICATION|Exercise EXERCISE|7 Videos

  • RELATIONS AND FUNCTIONS

    MODERN PUBLICATION|Exercise Chapter Test|11 Videos

  • SETS

    MODERN PUBLICATION|Exercise CHAPTER TEST 1|12 Videos

Similar Questions

Explore conceptually related problems

A fanner buys a used tractor for Rs 12000. He pays Rs6000 cash and agrees to pay the balance in annual instalments of Rs 500 plus 12% interest on the unpaid amount.How much will the tractor cost him?

A farmer buys a used tractor for Rs.12000. He pays Rs.6000 cash and agrees to pay the balance in annual instalments of Rs.500 plus 12% interest on the unpaid amount.How match the tractor cost him?

A farmer buys a used tractor for ₹ 180000. He pays ₹ 90000 in cash and agrees to pays the balance in annual instalments of ₹ 9000 plus 12% interset on the unpaid amount. How much did the tractor cost him ?

Shamshad Ali buys a scooter for Rs.2200. 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?

Arun buys a scooter for ₹44000. He pays ₹ 8000 in cash and agrees to pay the balance in annual instalments of ₹ 4000 each plus 10% interest on the unpaid amount. How much did he pay for it ?

Raghav buys a shop of Rs.1,20,000. He pays half of the amount in cash and agrees to pay the balance in 12 annual instalments of Rs.5000 each.If the rate of interest is 12% and the pays with the instalment the interest due on the unpaid amount,find the total cost of the shop.

A man buys a TV priced at Rs. 16000. He pays Rs. 4000 at once and the rest after 15 months on which he is charged a simple interest at the rate of 12% per year. Find the total amount he pays for the TV.

A taperecorder is sold for Rs 3500 cash,or Rs 1000 cash down payment and the balance in three equal easy instalments.If 12(1)/(2)% is the rate of interest compounded annually,find the amount of instalment.(a) Rs 1000.35 (b) Rs 1049.85(c) Rs 1050.65 (d) 1100.45

MODERN PUBLICATION-SEQUENCES AND SERIES-REVESION EXERCISE
  1. Find the sum of all natural numbers between 1 and 100, which are divis...

    Text Solution

    |

  2. A man gets an appointment with two options. Either he can accept Rs. 4...

    Text Solution

    |

  3. A fanner buys a used tractor for Rs 12000. He pays Rs 6000 cash and...

    Text Solution

    |

  4. Shamshad Ali buys a scooter for Rs. 2200. He pays Rs. 4000 cash and ...

    Text Solution

    |

  5. Two cars start together in the same direction from the same place. The...

    Text Solution

    |

  6. The ages of the students of a class form an A.P. whose common differen...

    Text Solution

    |

  7. "If " a^(2), b^(2), c^(2)" are in A.P., prove that "(1)/(b+c),(1)/(c+a...

    Text Solution

    |

  8. If a^(-1),b^(-1),c^(-1),d^(-1) are in A.P. then show that b=(2ac)/(a+c...

    Text Solution

    |

  9. if the A.M. between pth and qth terms of an A.P. be equal to the A.M. ...

    Text Solution

    |

  10. If a, b, c are in A.P., prove that a^(3)+4b^(3)+c^(3)=3b(a^(2)+c^(2)).

    Text Solution

    |

  11. If a^2(b+c),b^2(c+a),c^2(a+b), are in A.P. show that either a ,b ,c ar...

    Text Solution

    |

  12. If mth, nth and pth terms of a G.P. form three consecutive terms of a ...

    Text Solution

    |

  13. If x,y,z are in G.P and a^x=b^y=c^z,then

    Text Solution

    |

  14. We are given two G.P's one with the first term a and common ratio r an...

    Text Solution

    |

  15. if sn, denotes the sum of n terms of a GP whose first term and common ...

    Text Solution

    |

  16. If p, q, r are in G.P. and the equations, p x^2+2q x+r=0and dx^2+2e x...

    Text Solution

    |

  17. If S(n) denotes the sum of n terms of a G.P., prove that: (S(10)-S(20)...

    Text Solution

    |

  18. The sum of the first thre consecutive terms of G.P is 13 and the sum o...

    Text Solution

    |

  19. If 1/(a+b)+1/(b+c)=1/b, prove that a,b,c are in G.P.

    Text Solution

    |

  20. 150 workers were engaged to finish a job in a certain number of days. ...

    Text Solution

    |