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Shamshad Ali buys a scooter for ₹ 22,000. He pays ₹ 4,000 cash and agrees to pay the balance in annual instalments of ₹1000 plus 10% interest on the unpaid amount.
Q. Total interest paid by Ali is:
  • a)
    ₹17100
  • b)
    ₹22000
  • c)
    ₹39100
  • d)
    none of these
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Shamshad Ali buys a scooter for ₹ 22,000. He pays ₹ 4,000 cash and ag...
Total interest paid by him
= 1800 + 1700 + 1600 + .... + 18 terms
which is an A.P. with a = 1800, d = 1700 – 1800
= – 100
Therefore, total interest
= 9(3600 – 1700) = 9 × 1900 = 17100
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Shamshad Ali buys a scooter for ₹ 22,000. He pays ₹ 4,000 cash and agrees to pay the balance in annual instalments of ₹1000 plus 10% interest on the unpaid amount.Q. Total interest paid by Ali is:a)₹17100b)₹22000c)₹39100d)none of theseCorrect answer is option 'A'. Can you explain this answer?
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Shamshad Ali buys a scooter for ₹ 22,000. He pays ₹ 4,000 cash and agrees to pay the balance in annual instalments of ₹1000 plus 10% interest on the unpaid amount.Q. Total interest paid by Ali is:a)₹17100b)₹22000c)₹39100d)none of theseCorrect answer is option 'A'. Can you explain this answer? for JEE 2025 is part of JEE preparation. The Question and answers have been prepared according to the JEE exam syllabus. Information about Shamshad Ali buys a scooter for ₹ 22,000. He pays ₹ 4,000 cash and agrees to pay the balance in annual instalments of ₹1000 plus 10% interest on the unpaid amount.Q. Total interest paid by Ali is:a)₹17100b)₹22000c)₹39100d)none of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for JEE 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Shamshad Ali buys a scooter for ₹ 22,000. He pays ₹ 4,000 cash and agrees to pay the balance in annual instalments of ₹1000 plus 10% interest on the unpaid amount.Q. Total interest paid by Ali is:a)₹17100b)₹22000c)₹39100d)none of theseCorrect answer is option 'A'. Can you explain this answer?.
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