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  • A man starts repaying a loan as first installment of Rs.100. If he increases the installment by Rs 5 every month. what amount he will pay in the 30th installment?

A man starts repaying a loan as first installment of Rs.100. If he increases the installment by Rs 5 every month. what amount he will pay in the 30th installment?

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The;first;installment;of;the;loan;is;Rs;100.\* The;second;installment;of;the;loan;is;Rs;105;and;so;on.\* The;amount;that;the;man;repays;every;month;forms;an;A.P.\* The;A.P;is;100,105,110,...\* First;term,;a=100,;common;difference;d=5\* herefore a_30=a+(30-1)d=100+(29)(5)=100+145=245\* Thus,;the;amount;to;be;paid;in;the;30^th;installment;is;Rs;245.

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Deependra Verma

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