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Question -

Ramkali would need ₹ 1800 for admission fee and books etc., for her daughter to start going to school from next year. She saved ₹ 50 in the first month of this year and increased her monthly saving by ₹ 20. After a year, how much money will she save? Will she be able to fulfill her dream of sending her daughter to school? [CBSE 2014]



Answer -

Admission fee andbooks etc. = ₹ 1800
First month’s savings = ₹ 50
Increase in monthly savings = ₹ 720
Period = 1 year = 12 months
Here a = 50, d = 20 and n = 12
S12 = n/2 [2a + (n – 1) d]
= (12/2) [2 x 50 + (12 –1) x 20]
= 6[100 + 11 x 20]
= 6[100 + 220]
= 6 x 320 = ₹ 1920
Savings = ₹ 1920
Yes, she will be able to send her daughter.

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