Raghav buys a shop for Rs.1,20,000.He pays half of the am ount in cash and agreesto pay the balance in 12 anmual instalm ents of Rs 5000 eachIf the rate of interestis 12% and he pays with the instalment the interest due on the unpaid amount.find the total cost of the shop.

first we calculate the a.p terms .and then calculate sum of the 12th installments

Answered: Raghav buys a shop for Rs.1,20,000.He…

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Raghav buys a shop for Rs.1,20,000.He pays half of the am ount in cash and agree to pay the balance in 12 annual instalm ents ofRs 5000 eachIf the rate of interest is 12% and he pays with the instalment the interest due on the unpaid amount. find the total cost of the shop.