A man has to pay ₹975 in yearly installments, each installment being less than the earlier one by ₹5. The amount of first installment is ₹100.In what time, the entire amount will be paid?
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Answer:
Explanation:
As given in problem, A=100, D=-5
Formula is:
Sum of AP = n/2 [2a+(n-1)d]
Therefore,
975 = n/2 [200+(n-1)-5]
1950 = n(200-5n+5)
1950 = 205n-5n^2
5n^2-205n+1950 = 0
n^2-41n+391 = 0
n^2-26n-15n+390 = 0
n(n-26) - 15(n-26) = 0
Hence,
n = 15 or 26.
So,
n = 15 months.
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