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Question
A man saved ₹33000 in 10 months. In each month after the first, he saved ₹100 more than he did in the preceding month. How much did he save in the first month?
Solution
Let the money saved by the man in the first month be ₹a
It is given that in each month after the first, he saved ₹100 more than he did in the preceding month. So, the money saved by the man every month is in AP with common difference ₹100.
∴ d =Rs 100
Number of months, n = 10
Sum of money saved in 10 months, s10 = ₹ 33,000
`"Using the formula ," S_n = n/2 [2a + (n-1) d],`we get
`S_10 = 10/2 [2a + (10-1) xx 100 ] = 33000`
⇒ 5 (2a +900 )= 33000
⇒ 2a +900=6600
⇒ 2a = 6600-900=5700
⇒ a = 2850
Hence, the money saved by the man in the first month is ₹2,850.
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