Q : 15 A contract on construction job specifies a penalty for delay of completion beyond a certain date as follows: Rs for the first day, Rs for the second day, Rs for the third day, etc., the penalty for each succeeding day being Rs more than for the preceding day. How much money the contractor has to pay as penalty, if he has delayed the work by days?
It is given that
Penalty for delay of completion beyond a certain date is Rs for the first day, Rs for the second day, Rs for the third day and penalty for each succeeding day being Rs more than for the preceding day
We can clearly see that
200,250,300,..... is an AP with
Now, the penalty for 30 days is given by the expression
Therefore, the penalty for 30 days is 27750