Check whether the following form an AP:
The amount of money in the account of Varun at the end of every year when Rs.1000 is deposited at simple interest of 10% per annum.

True

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False

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Solution

The correct option is B False
Interest of money Rs 1000 @10% p.a for 1st year $= \frac{1000 \times 10}{100} = 100$
Interest of money Rs 1100 @10% p.a for 2nd year $= \frac{1100 \times 10}{100} = 110$
Interest of money Rs 1210 @10% p.a for 3rd year $= \frac{1210 \times 10}{100} = 121$
So, the interests $100, 110, 121, . . . . . . . . . . . .$ are not in A.P.
Hence, true

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Similar questions

Q. Question 7 (iii)
In which of the following situations, do the lists of numbers involved form an AP? Give reasons for your answers.
The amount of money in the account of Varun at the end of every year when Rs. 1000 is deposited at simple interest of

10 %

per annum.

Q. The amount of money in the account every year, when

R s 10000

is deposited at compound interset at

8 %

per annum.

R s 1000

is invested at

10

percent simple interest. Check at the end of every year if the total interest amount in A.P. If this is an A.P. then find interest amount after

20

years.

Question 1 (iv)
In which of the following situations does the list of numbers involved make an arithmetic progression and why?
(iv) The amount of money in the account every year, when Rs. 10000 is deposited at compound interest at $8 %$ per annum.

In which of the following situations , does the list of numbers involved make an arithmetic progression , and why?

4) The amount of money in the account every year , when Rs.10,000 is deposited at compound interest at 8%/annum.

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Check whether the following form an AP:The amount of money in the account of Varun at the end of every year when Rs.1000 is deposited at simple interest of 10% per annum.

The correct option is B FalseInterest of money Rs 1000 @10% p.a for 1st year =1000×10100=100 Interest of money Rs 1100 @10% p.a for 2nd year =1100×10100=110Interest of money Rs 1210 @10% p.a for 3rd year =1210×10100=121So, the interests 100,110,121,............ are not in A.P.Hence, true

Check whether the following form an AP:
The amount of money in the account of Varun at the end of every year when Rs.1000 is deposited at simple interest of 10% per annum.