if sum of rs. 9000 is paid off in 15 instalment such that each instalment is paid in rs.50 more than the preceding instalment. calculate the valur of first installment (solve by AP method)
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Given,
Sum = Rs. 9000
Number of money submissions = 15
Each money submission is Rs. 50 than preceding money submission.
To find,
The value of first money submission.
Solution,
We can simply solve this mathematical problem by using the following mathematical process.
Here, we can use AP series formula.
Number of terms (n) = 15
Sum = 9000
Common difference (d) = 50
First money submission = Let, a
Now,
Sum of AP = n/2[2a+(n-1)d] = 15/2[2a+(15-1)×50] = 15/2 × (2a+700) = 15/2 × 2(a+350) = 15a+5250
According to the data mentioned in the question,
15a+5250 = 9000
15a = 3750
a = 250
Hence, the first money submission was Rs. 250
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