22. Five marks exercise problems VIII

Raghu wishes to buy a laptop. He can buy it by paying \(₹40,000\) cash or by giving it in \(10\) installments as \(₹4800\) in the first month, \(₹4750\) in the second month, \(₹4700\) in the third month, and so on. If he pays the money in this fashion, find out:

 

(i) total amount paid in \(10\) installments.

 

(ii) how much extra amount that he has to pay than the cost?

 

Answer:

 

(i) Total amount paid in \(10\) installments \(=\) \(₹\)