Halva purchases a bicycle on hire purchase. He pays a deposit of ksh 3000 the rest in 10 monthly installment of ksh 1200 each. What is the final amount will she pay for the bicycle.

Malipo ya awali ($D$) = Ksh 3,000
Idadi ya awamu za kila mwezi ($M$) = 10
Kiasi cha awamu ya kila mwezi ($I$) = Ksh 1,200

Kwanza, hesabu jumla ya malipo ya awamu:

Sasa, ongeza malipo ya awali:

Jumla ya kiasi kitakacholipwa kwa baiskeli kwa masharti ya ununuzi wa kukodisha ni Ksh 15,000.