A man repays a loan of Rs.3250 by paying Rs.20 in the first month and then increase the
payment by Rs. 15 every month .How long will it take him to clear the loan?.
Plz solve
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Answers
Answered by
12
Need To Find : n or How long will it take him to clear the loan .
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❍ Let's Consider the loan will be cleared in n months.
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Where,
- a is the first term or First month's Payment in Rs. , d is the Difference or Increase in Payment every month & n is number of months to clear the loan . And we have already Given with is Sum or the total Amount of Loan is Rs.3250 .
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Or,
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Then ,
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And ,
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Therefore,
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⠀⠀⠀⠀⠀As We know that we are asked for Time and time cannot be in negative so by ignoring negative value;
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Therefore,
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Answered by
1
Answer:
20,35,50...3250
an= a+(n-1)d
3250= 20+(n-1)15
3250-20= (n-1)15
3230/15=n
n=215.333=21 months
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