Frame two questions on applications of arithmetic progression in day to day life.
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The two questions on applications of Arithmetic Progression in day to day life are:
(Q-1) The income of a person is Rs. 16,000 per month in the first year and he receives an increase of Rs. 2,000 to his income per year for the next 10 years.
What is his income after 10 years and what is the total amount he received in this time period?
(Q-2) When a man started repaying a loan, he paid his first monthly installment of Rs. 10,000. If he increases the installments by Rs.500 every month, what amount would he pay in the 10th installment?
- Both the above questions can be easily solved by applying the concept of Arithmetic Progression.
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