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Mathematics

A man saved ₹ 33,000 in 10 months. In each month after the first, he saves ₹ 100 more than he did in the preceding month. How much did he save in the first month?

AP

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Answer

Let the man saved ₹ a in first month.

The amount the man saved each month forms an Arithmetic Progression (A.P.) where :

Total sum saved Sn = ₹ 33,000.

Number of months (n) = 10

He saves ₹ 100 more than he did in the preceding month.

Thus, d = 100

We know that,

Sum of n terms of an A.P. is given by,

∴ Sn = n2\dfrac{n}{2}[2a + (n - 1)d]

⇒ 33000 = 102\dfrac{10}{2} [2a + (10 - 1)100]

⇒ 33000 = 5[2a + (9)100]

330005\dfrac{33000}{5} = [2a + 900]

⇒ 6600 = [2a + 900]

⇒ 6600 - 900 = 2a

⇒ 2a = 5700

⇒ a = 57002\dfrac{5700}{2}

⇒ a = ₹ 2,850.

Hence, the amount man saved in first month is ₹ 2,850.

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