A man saved rs 16500 in ten years . in each year after he saved rs 100 more than he did in receding year . how much did he save in the first year ?
Answers
Answer:
1640 save in first year
Answer:
Here, we are given that the total saving of a man is Rs 16500 and every year he saved Rs 100 more than the previous year.
So, let us take the first installment as a.
Second installment = a+100
Third installment = a+100+100
So, these installments will form an A.P. with the common difference (d) = 100
The sum of his savings every year
Number of years (n) = 10
So, to find the first installment, we use the following formula for the sum of n terms of an A.P.,
Sn=n/2[2a+(n-1)d]
Where; a = first term for the given A.P.
d = common difference of the given A.P.
n = number of terms
So, using the formula for n = 10, we get,
S10=10/2[2a+(10-1)100]
16500-4500=10a
Further solving for a,
10a=12000
a=1200
Therefore, man saved RS 1200 in the first year.