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Question -

A man saved ₹ 16500 in ten years. In each year after the first he saved ₹ 100/- more than he did in the preceding year. How much did he saved in the first year?



Answer -

Given: A mansaved ₹16500 in ten years

Let ₹ x be his savingsin the first year

His savings increasedby ₹ 100 every year.

So,

A.P will be x, 100 +x, 200 + x………………..

Where, x is first termand

Common difference, d =100 + x – x = 100

We know, Sn isthe sum of n terms of an A.P

By using the formula,

Sn =n/2 [2a + (n – 1)d]

where, a is firstterm, d is common difference and n is number of terms in an A.P.

Given:

Sn =16500 and n = 10

S10 =10/2 [2x + (10 – 1)100]

16500 = 5{2x + 9(100)}

16500 = 5(2x + 900)

16500 = 10x + 4500

-10x = 4500 – 16500

–10x = –12000

x = 12000/10

= 1200

Hence, his saving inthe first year is ₹ 1200.

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