Tractor Cost Calculation (Jee Mains) | ExamDuo
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Arithmetic and Geometric Progression
Medium
Tractor Cost Calculation
A farmer buys a used tractor for Rs 12000. He pays Rs 6000 cash and agrees to
pay the balance in annual instalments of Rs 500 plus 12% interest on the unpaid
amount. How much will the tractor cost him?
SELECT ONE OPTION
A
17580
B
9696
C
9888
D
16680
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