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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 ? |
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Answer» 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 ? |
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