Nisha buys an old car for $44,000. She pays $16,000 cash and promises to pay the balance in 28 annual instalments of $ 1000 each along with interest due on unpaid. If the interest is charged at 10%, what will the car cost her ?

Shamshad Ali buys a scooterfor Rs 22000. He pays Rs 4000 cash and agreesto pay the balance in annual instalment of Rs 1 000 plus 10% interest on the unpaid amount. How much will the scooter cost him?

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

A man borrows $ 1,000 and agrees to repay with a total interest of $ 140 in 12 instalments, each instalment being less than the preceding by $ 10. What should be his first instalment ?

Juhi wants to buy a bicycle. She goes to the market and finds that the bicycle she likes is available for ₹1800. Juhi has ₹ 600 with her. So, she tells the shopkeeper that she would not be able to buy it. The shopkeeper, after a bit of calculation, makes the following offer. He tells Juhi that she could take the bicycle by making a payment of ₹600 cash down and the remaining money could be made in two monthly instalments of ₹610 each. Juhi has two options one is to go for instalment scheme or to make cash payment by taking loan from a bank which is available at the rale of 10% per annum simple interest. Which option is more economical to her?

Arif took a loan of Rs 80,000 from a bank. If the rate of interest is 10% per annum, find the difference in amounts he would be paying after 1(1)/(2) years if the interest is : compounded annually.

A sum of Rs.20,000 is invested by Heena for 2 years at an interest of 8% comopunded annually.Find the compound interest and the amound she has to pay at the end of 2 years.