The cost of one car or four bicycles is Rs 180,000.

Question

Akram wants to purchase one car and one bicycle and also willing to pay Rs. 90, 000 as down payment. What will be the credit for Akram.

Answer 1

Let's denote the cost of the car as \( C \) and the cost of one bicycle as \( B \).

According to the problem, we have the equation:

\[ C = 180,000 - 4B \]

Akram wants to purchase one car and one bicycle, so the total amount he needs to pay for both would be:

\[ C + B = 180,000 - 4B + B = 180,000 - 3B \]

Akram is willing to make a down payment of Rs. 90,000. Therefore, the amount he needs to finance (credit) is given by:

\[ \text{Credit} = (C + B) - \text{Down Payment} \]

Substituting into the equation we have:

\[ \text{Credit} = (180,000 - 3B) - 90,000 \]

Now simplifying this gives:

\[ \text{Credit} = 90,000 - 3B \]

The value of \( B \) (the cost of one bicycle) is not provided, so we can't calculate an exact amount for the credit. However, you can evaluate it based on various possible prices for \( B \) (as long as it keeps \( C \) and \( B \) positive).

1. If, for example, the bicycle costs Rs. 30,000: \[ \text{Credit} = 90,000 - 3(30,000) = 90,000 - 90,000 = 0 \]

2. If the bicycle costs Rs. 20,000: \[ \text{Credit} = 90,000 - 3(20,000) = 90,000 - 60,000 = 30,000 \]

3. If the bicycle costs Rs. 10,000: \[ \text{Credit} = 90,000 - 3(10,000) = 90,000 - 30,000 = 60,000 \]

Thus, the amount of credit Akram requires will depend on the price of the bicycle. If you specify the price of the bicycle, we can determine the exact credit amount.