• 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:

 

 

(iii) (a) If the total number of installments is 40, what is the amount paid in the last installment
1 4400  
2 4700  
3 4900  
4 4100  

Ans.

(3)

(a) As total number of instalment is 40, therefore amount paid in last instalment =a40

a40=a+(40-1)d=a+39d=1000+39×100=1000+3900=₹4900