Radhika decides to save money by depositing Rs 2000 in the first month and increasing…

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

Problem

Radhika decides to save money by depositing Rs 2000 in the first month and increasing her deposit by Rs 150 every month thereafter. She continues this pattern until the total amount saved reaches Rs 61 05061\,050. (i) Express the monthly deposits as the terms of an arithmetic progression and denote the number of months by nn. Write the expression for the total amount saved after nn months. (ii) Form an equation in nn that represents the condition that the total savings equal Rs 61 05061\,050 and hence determine the number of months for which she deposits money. (iii) Calculate the amount she deposits in the last month.

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