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A person writes a letter to four of his friends. He asks each one of them to copy the letter and mail to four different persons with instruction that they move the chain similarly. Assuming that the chain is not broken and that it costs 50 paise to mail one letter. Find the amount spent on the postage when 8th set of letter is mailed.

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The correct Answer is:
Rs 43690
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Dipesh writes letters to four of his friends. He asks each of them to copy the letter and mail to four different persons with the request that they continue the chain similarly. Assuming that the chain is not broken and that it costs 25 paise to mail one letter, find the total money spent on postage till the 8th set of letters is mailed.

KUMAR PRAKASHAN-SEQUENCE AND SERIES-Miscellaneous Exercise
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