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 $=$ $₹$