A farmer buys a used tractor for Rs. 12,000. He pays Rs. 6000 cash and agrees to pay the balance in 12 annual instalments of Rs. 500 plus `12%` interest on the unpaid amount How mush will the tracter cost the farmer?

A farmer buys a used tractor for Rs. 12,000. He pays Rs. 6000 cash and agrees to pay the balance in 12 annual instalments of Rs. 500 plus 12% interest on the unpaid amount. Write the annual instalments as an A.P

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

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

A man starts repaying a loan as first instalment of Rs. 1,000. If he increases the instalment by Rs. 150 every month, what amount will he pay in the 30^th instalment?

Use matrix multiplication to divide Rs 30,000 in two parts such that the total annual interest at 9% on the first part and at 11% on the second part amounts to Rs 3060.

A person deals only two items,Cycles and scooters.He has Rs.1,20,000 to invest and a space to store at most 38 pieces.One scooter costs him Rs.12000 and a cycle costs him Rs.800.He can sell a scooter at a profit of Rs.1500 and a cycle at a profit of Rs.200.Assuming that he can sell all the items he buys,how should he invest his money in order that he may maximum his profit.Formulate the problem mathematically.

What will Rs.500 amounts to in 10 years after its deposit in a bank which pays annual interest rate of 10% compounded annually?

Thomas took out a loan of 15000 rupees from a bank which charges 12 % interest, compounded annually. After 2 years, he paid back 10000 rupees. To settle the loan, how much should he pay at the end of three years?

(Manufacturing problem) A manufacturer has three machines I , II and III installed in his factory. Machines I and II are capable of being operated for at most 12 hours where as machine III must be operated for atleast 5 hours a day. She produces only two items M and N each requiring the use of all the three machines. The number of hours required for producing 1 unit of each of M and N on the three machines are given in the following table: She makes a profit of Rs 600 and Rs 400 on items M and N respectively. How many of each item should she produce so as to maximise her profit assuming that she can swll all the items that she produced ? What will be the maximum profit ?

What will Rs. 500 amounts to in 10 years after its deposit in a bank which pays annụal interest rate of 10 % compounded annually.