Mathematics
An article can be bought by paying ₹28000 at once or by making 12 monthly installments. If the first installment paid is ₹3000 and every other installment is ₹ 100 less than the previous one, find :
(i) amount of installment paid in the 9th month.
(ii) total amount paid in the installment scheme.
AP
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Answer
(i) a9 = a + 8d
= 3000 + 8(-100)
= 3000 - 800
= 2200.
Hence, amount of installment paid in the 9th month = ₹ 2200.
(ii) Total amount paid in the installment scheme,
Hence, total amount paid in the installment scheme = ₹ 29400.
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