A scholarship amount of Rs 99 ,000 is to be disbursed in a fixed number of yearly…

MATHEMATICS · Multi-part · CBSE · Mathematics · Arithmetic Progressions · Arithmetic Progressions

Problem

A scholarship amount of Rs 99\,000 is to be disbursed in a fixed number of yearly instalments that increase uniformly and form an arithmetic progression. The first instalment is Rs 1500 and the last instalment is Rs 5100. (i) If the number of instalments is nn and the common difference of the progression is dd, write the expressions for the nnth term and the sum of the progression. (ii) Using the values of the first and last instalments, obtain an equation that relates dd and nn. (iii) Using the total scholarship amount, set up a second equation and hence determine both the number of instalments and the common difference.

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