CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A man arranges to pay off a debt of Rs 3600 by 40 annual installment which form an arithmetic series. When 30 of the installments are paid he dies leaving one-third of the debt unpaid. Find the value of the first installment.

Open in App
Solution

S40=3600,S30=360013[3600]=2400,
because after paying 30 instalments 13rd of debt is still left. The given two equations give 2a+39d=180 and 2a+29d=160. Solving them, we get d=2 and a=51, i.e., the value of first instalment is Rs. 51.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon