Home
Class 11
MATHS
A sum of रु6240 is paid off in 30 instal...

A sum of रु6240 is paid off in 30 instalments, such that each instalment is 10 more than the preceding instalment. Calculate the value of the first instalment.

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to find the value of the first installment given that a total of ₹6240 is paid in 30 installments, where each installment is ₹10 more than the preceding one. ### Step-by-step Solution: 1. **Define Variables:** Let the first installment be \( a \). Then, the second installment will be \( a + 10 \), the third installment will be \( a + 20 \), and so on. 2. **Identify the Series:** The installments form an arithmetic progression (AP) where: - First term \( a \) - Common difference \( d = 10 \) - Number of terms \( n = 30 \) 3. **Use the Formula for the Sum of an AP:** The sum \( S_n \) of the first \( n \) terms of an arithmetic progression can be calculated using the formula: \[ S_n = \frac{n}{2} \times (2a + (n-1)d) \] Here, \( S_n = 6240 \), \( n = 30 \), and \( d = 10 \). 4. **Substitute Values into the Formula:** Substitute \( S_n \), \( n \), and \( d \) into the formula: \[ 6240 = \frac{30}{2} \times (2a + (30-1) \times 10) \] Simplifying this gives: \[ 6240 = 15 \times (2a + 290) \] 5. **Simplify the Equation:** Divide both sides by 15: \[ 416 = 2a + 290 \] 6. **Isolate \( 2a \):** Subtract 290 from both sides: \[ 2a = 416 - 290 \] \[ 2a = 126 \] 7. **Solve for \( a \):** Divide by 2 to find \( a \): \[ a = \frac{126}{2} = 63 \] 8. **Conclusion:** Therefore, the value of the first installment is \( \text{₹} 63 \).
Promotional Banner

Topper's Solved these Questions

  • SEQUENCE AND SERIES

    ICSE|Exercise EXERCISE 14 (d) |22 Videos
  • SEQUENCE AND SERIES

    ICSE|Exercise EXERCISE 14 (e) |17 Videos
  • SEQUENCE AND SERIES

    ICSE|Exercise EXERCISE 14 (b) |22 Videos
  • SELF ASSESSMENT PAPER 5

    ICSE|Exercise SECTION C|11 Videos
  • SEQUENCES AND SERIES

    ICSE|Exercise MULTIPLE CHOICE QUESTIONS|34 Videos

Similar Questions

Explore conceptually related problems

A sum of Rs. 6240 is paid off in 30 instalments such each instalments is Rs. 10 more than the preceding instalment. The value of the first instalments is

A man arranges to pay a debt of Rs 3600 in 40 monthly installments which are in AP When 30 installments are paid he dies leaving one third of the debt unpaid Find the value of the first installment

A man arranges to pay a debt of Rs 3600 in 40 monthly installments which are in AP When 30 installments are paid he dies leaving one third of the debt unpaid Find the value of the first installment

An article can be bought by paying 28,000 at once or by making 12 monthly instalments. If the first instalment paid is 3000 and every other instalment is 100 less than the previous one, find : (i) amount of instalment paid in the 9th month (ii) total amount paid in the instalment scheme.

If the sum of x and 20 is 8 more than the distance of 10 and y, what is the value of x + y ?

A sum of Rs 280 is to be used to award four prizes. If each prize after the first is Rs 20 less than its preceding prize, find the value of each of the prizes.

A man starts repaying a loan as first instalment of Rs. 100. If the increases the instalment by Rs. 5 every month, then the amount he will pay in the 30th instalment is

The price of a tape recorder is Rs 1,661 . A person purchases it by making a cash payment of Rs 400 and agrees to pay the balance with due interest in 3 half-yearly equal instalments. If the dealer charged interest at the rate of 10% "per annum compounded half-yearly, find the value of the instalment.

Raghav buys a shop of Rs. 1,20,000. He pays half of the amount in cash and agrees to pay the balance in 12 annual instalments of Rs. 5000 each. If the rate of interest is 12% and the pays with the instalment the interest due on the unpaid amount, find the total cost of the shop.

ICSE-SEQUENCE AND SERIES -EXERCISE 14 (c)
  1. The interior angles of a polygon are in arithmetic progression. The sm...

    Text Solution

    |

  2. Determine the sum of first 35 terms of an A.P. if t(2), = 1 and t(7) ,...

    Text Solution

    |

  3. Find the sum of all natural numbers between 100 and 1000 which are mul...

    Text Solution

    |

  4. How many terms of the A.P. 1,4,7.... are needed to give the sum 715?

    Text Solution

    |

  5. Find the rth term of an A.P., sum of whose first n terms is 2n + 3n^(2...

    Text Solution

    |

  6. In an arithmetical progression, the sum of p terms is m and the sum of...

    Text Solution

    |

  7. The sum of the first fifteen terms of an arithmetical progression is 1...

    Text Solution

    |

  8. The sum of the first six terms of an arithmetic progression is 42. The...

    Text Solution

    |

  9. A sum of रु6240 is paid off in 30 instalments, such that each instalme...

    Text Solution

    |

  10. The nth term of an A.P. is p and the sum of the first n term is s. Pro...

    Text Solution

    |

  11. The sum of the first n terms of the arithmetical progression 3, 5(1)/(...

    Text Solution

    |

  12. If the sum of the first 4 terms of an arithmetic progression is p, the...

    Text Solution

    |

  13. The last term of an A.P. 2, 5, 8, 11, .... is .x. The sum of the terms...

    Text Solution

    |

  14. A gentleman buys every year Banks' certificates of value exceeding the...

    Text Solution

    |

  15. If the sums of the first n terms of two A.P.'s are in the ratio 7n-5: ...

    Text Solution

    |

  16. If the ratio of the sum of m terms and n terms of an A.P. be m^2 : n^2...

    Text Solution

    |

  17. Let a(1) , a(2) , a(3) , ..... be terms of an A.P. If (a(1)+a(2)+........

    Text Solution

    |

  18. If the sum of n, 2n, 3n terms of an A.P are S(1), S(2), S(3), respecti...

    Text Solution

    |

  19. If the sum of p terms of an A.P. is q and the sum of q terms is p, sho...

    Text Solution

    |

  20. The ratio between the sum of n terms of two A.P.'s is (7n + 1) : (4n+2...

    Text Solution

    |