• 072920 77839
  • info@smartachievers.in
Menu
Back
  • JEE ADVANCE
  • JEE MAIN
  • NEET
  • BITSAT
  • CBSE BOARD
  • UP BOARD
  • CUET
JEE ADVANCE
  • CLASS XI - XII
  • CRASH COURSE
CRASH COURSE
JEE MAIN
  • CLASS XI - XII
  • CRASH COURSE
CRASH COURSE
NEET
  • CLASS XI - XII
  • CRASH COURSE
BITSAT
  • CLASS XI - XII
CBSE BOARD
  • CLASS IX
  • CLASS X
  • CLASS XI
  • CLASS XII
  • CLASS VI
  • CLASS VII
  • CLASS VIII
UP BOARD
  • CLASS IX
  • CLASS X
  • CLASS XI
  • CLASS XII
CUET
  • CRASH COURSE
Courses


Solution


Q.

Your elder brother wants to buy a car and plans to take loan from a bank for his car. He repays his total loan of Rs 1,18,000 by paying every month starting with the first instalment of Rs 1000. If he increases the instalment by Rs 100 every month, answer the following:

Based on the above information answer the following questions:

 

(i) Find the amount paid by him in the 30th instalment
1 3900  
2 3700  
3 3600  
4 3500  

Ans.

(1)

We have an AP of monthly instalments 1000, 1100, 1200, ...
Here  a=1000 ,d=100

(i) Amount paid in 30th instalment

a30=a+(30-1)d⇒a30=a+29d=1000+29×100=1000+2900=₹3900