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Shamshad Ali buys a scooter for Rs. 22000. He pays Rs. 4000 cash and agrees to pay the balance in annual installment of Rs.

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

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Cost of the scooter = Rs. 22000 first to paid = Rs. 4000

Balance amount = 18000

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