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

Total cost of the tractor = Rs. 12000
Cash amount paid = Rs. 6000
Balance amount = Rs. 12000 - Rs. 6000 = Rs. 6000
Interest of 1st installment
=`(6000×12×1)/(100)`
...
Promotional Banner

Topper's Solved these Questions

  • SEQUENCES AND SERIES

    NCERT|Exercise EXERCISE 9.4|10 Videos

  • SEQUENCES AND SERIES

    NCERT|Exercise EXERCISE 9.2|18 Videos

  • SEQUENCES AND SERIES

    NCERT|Exercise EXERCISE 9.5|6 Videos

  • RELATIONS AND FUNCTIONS

    NCERT|Exercise EXERCISE 2.3|5 Videos

  • SETS

    NCERT|Exercise EXERCISE 1.5|7 Videos

Similar Questions

Explore conceptually related problems

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 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

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.

NCERT-SEQUENCES AND SERIES-MISCELLANEOUS EXERCISE
  1. Find the sum of the following series up to n terms: (i) 5 + 55 + 555 +...

    Text Solution

    |

  2. If a, b, c are in A.P., b, c, d are in G.P. and 1/c ,1/d ,1/eare in A....

    Text Solution

    |

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

    Text Solution

    |

  4. Show that (1xx2^2+2xx3^2+......+nxx(n+1)^2)/(1^2xx2+2^2xx3+......+n^2x...

    Text Solution

    |

  5. Find the sum of the following series up to n terms : (1^3)/1+(1^3+2^2...

    Text Solution

    |

  6. If S1,S2,S3are the sum of first n natural numbers, their squares and ...

    Text Solution

    |

  7. A G.P. consists of an even number of terms. If the sum of all the ter...

    Text Solution

    |

  8. If a\ (1/b+1/c),\ b(1/c+1/a),\ c(1/a+1/b) are in A.P. prove that a ,\ ...

    Text Solution

    |

  9. If a, b, c, d are in G.P., prove that (a^n+b^n),(b^n+c^n),(c^n+a^n)ar...

    Text Solution

    |

  10. Let S be the sum, P the product and R the sum of reciprocals of n term...

    Text Solution

    |

  11. The p^(t h),q^(t h)and r^(t h)terms of an A.P. are a, b, c, respectiv...

    Text Solution

    |

  12. The sum of the first four terms of an A.P. is 56. The sum of the last...

    Text Solution

    |

  13. If (a+b x)/(a-b x)=(b+c x)/(b-c x)=(c+dx)/(c-dx)(x!=0),then show that...

    Text Solution

    |

  14. The sum of three numbers m GP is 56. If we subtract 1.7,21 from these...

    Text Solution

    |

  15. If a\ a n d\ b are the roots of x^2-3x+p=0\ a n d\ c ,\ d are the root...

    Text Solution

    |

  16. The ratio of the A.M. and G.M. of two positive numbers a and b, is m ...

    Text Solution

    |

  17. Show that the sum of (m+n)^(t h)and (m-n)^(t h)terms of an A.P. is eq...

    Text Solution

    |

  18. Let the sum of n, 2n, 3n terms of an A.P. be S1,S2and S3, respectively...

    Text Solution

    |

  19. Find the sum of integers from 1 to 100 that are divisible by 2 or 5.

    Text Solution

    |

  20. Find the sum of all numbers between 200 and 400 which are divisible b...

    Text Solution

    |