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Question :- Neha and Swati made an agreement. Neha would give ₹100 to Swati everyday. Swati would start with ₹1 and give Neha double the amount of the previous day. After 10 days, who will have more money? How much more?
Solution :-
Given, Neha would give ₹100 everyday. So after 10 Days, she would have given ₹100 × 10 = ₹1000 to Swati.
Now Swati gives double of the previous. She started with 1.
So, first day Swati gave Neha rupee 1 =
Second day 1 × 2 = 2 =
Third day 2 × 2 = 4 =
and so on.
Common ratio =
=
Since the common ratio is equal, the given progression is G.P.
The G.P. is
1, 2, 2^2, 2^3....
Sum of G.P if common ratio > 1
=
Here, n = 10
a = 1
r = 2
=> Sum =
So, Swati gave Nidhi ₹1023 after 10 Days, and Nidhi gave ₹1000.
Answer :- So, Swati gave ₹23 more to Nidhi.
Method 2
Nidhi gives ₹100 everyday. So after 10 days, she would give ₹1000.
Now, for first day Swati gives ₹1
Second day she gives ₹1 × 2 = ₹2
Third Day = ₹2 × 2 = ₹4
Fourth day = ₹4 × 2 = ₹8
Fifth Day = ₹8 × 2 = ₹16
Sixth day = ₹16 × 2 = ₹32
Seventh day = ₹32 × 2 = ₹64
Eighth day = ₹64 × 2 = ₹128
Ninth day = ₹128 × 2 = ₹256
Tenth Day = ₹256 × 2 = ₹512
So, sum = 1 + 2 + 4 + 8 + 16 + 32 + 64 + 128 + 256 + 512
= ₹1023
So Swati gave ₹1023 after 10 days.
How much more she give?
=> 1023 - 1000 = ₹23
Answer :- Swati gives more rupees by 23.
Solution :-
Given, Neha would give ₹100 everyday. So after 10 Days, she would have given ₹100 × 10 = ₹1000 to Swati.
Now Swati gives double of the previous. She started with 1.
So, first day Swati gave Neha rupee 1 =
Second day 1 × 2 = 2 =
Third day 2 × 2 = 4 =
and so on.
Common ratio =
=
Since the common ratio is equal, the given progression is G.P.
The G.P. is
1, 2, 2^2, 2^3....
Sum of G.P if common ratio > 1
=
Here, n = 10
a = 1
r = 2
=> Sum =
So, Swati gave Nidhi ₹1023 after 10 Days, and Nidhi gave ₹1000.
Answer :- So, Swati gave ₹23 more to Nidhi.
Method 2
Nidhi gives ₹100 everyday. So after 10 days, she would give ₹1000.
Now, for first day Swati gives ₹1
Second day she gives ₹1 × 2 = ₹2
Third Day = ₹2 × 2 = ₹4
Fourth day = ₹4 × 2 = ₹8
Fifth Day = ₹8 × 2 = ₹16
Sixth day = ₹16 × 2 = ₹32
Seventh day = ₹32 × 2 = ₹64
Eighth day = ₹64 × 2 = ₹128
Ninth day = ₹128 × 2 = ₹256
Tenth Day = ₹256 × 2 = ₹512
So, sum = 1 + 2 + 4 + 8 + 16 + 32 + 64 + 128 + 256 + 512
= ₹1023
So Swati gave ₹1023 after 10 days.
How much more she give?
=> 1023 - 1000 = ₹23
Answer :- Swati gives more rupees by 23.
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