It contains 2 steps.
Step 1:
prove that the equation is valid when n = 1
When n = 1, we have
( 2×1 - 1) = 12,
so the statement holds for n = 1.
Step 2:
Assume that the equation is true for n, and prove that the equation is true for n + 1.
Assume:
1 + 3 + 5 + ... + (2n - 1)
= n2 -----(i)
Prove:
1 + 3 + 5 +...+ (2(n + 1) - 1 = (n + 1)2
Proof:
1 + 3 + 5 +... + (2(n + 1) - 1)
= 1 + 3 + 5 + ... + (2n - 1) + (2n + 2 - 1) ----(ii)
but from (i)
1 + 3 + 5 + .. + (2n - 1) = n2
Substituting (i) in (ii)
gives,
1 + 3 + 5 + ... + (2n - 1) + (2n + 2 - 1)
=n2 + (2n + 2 - 1)
= n2 + 2n + 1
= (n + 1)2
So the statement holds for (n+1) also.
So, by induction, for every positive integer n,
1 + 3 + 5 + . + (2n - 1) = n2.