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If you save 1 paise today, 2 paise the next day 4 paise the succeeding day and so on, then your total savings in two weeks will be
  • a)
    Rs. 163
  • b)
    Rs. 183
  • c)
    Rs. 163.84
  • d)
    none of these
Correct answer is option 'C'. Can you explain this answer?
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If you save 1 paise today, 2 paise the next day 4 paise the succeeding...
If we save 1 paise today,2 paise the next day,4 pause the succeeding day and so on then you total savings in two weeks the sequence should be Geometric progression .
1, ,2,4, 8, 16, .....,14 terms
First term (a) = 1,
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If you save 1 paise today, 2 paise the next day 4 paise the succeeding...
Calculation of Total Savings in Two Weeks

Starting with 1 paise, the savings for each day will be as follows:

- Day 1: 1 paise
- Day 2: 2 paise
- Day 3: 4 paise
- Day 4: 8 paise
- Day 5: 16 paise
- Day 6: 32 paise
- Day 7: 64 paise
- Day 8: Rs. 1.28 (128 paise)
- Day 9: Rs. 2.56 (256 paise)
- Day 10: Rs. 5.12 (512 paise)
- Day 11: Rs. 10.24 (1024 paise)
- Day 12: Rs. 20.48 (2048 paise)
- Day 13: Rs. 40.96 (4096 paise)
- Day 14: Rs. 81.92 (8192 paise)

Adding up all the savings, we get:

1 + 2 + 4 + 8 + 16 + 32 + 64 + 128 + 256 + 512 + 1024 + 2048 + 4096 + 8192 = 16,384 paise

Converting paise to rupees, we get:

16,384 / 100 = Rs. 163.84

Therefore, the total savings in two weeks will be Rs. 163.84.
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If you save 1 paise today, 2 paise the next day 4 paise the succeeding day and so on, then your total savings in two weeks will bea)Rs. 163b)Rs. 183c)Rs. 163.84d)none of theseCorrect answer is option 'C'. Can you explain this answer?
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If you save 1 paise today, 2 paise the next day 4 paise the succeeding day and so on, then your total savings in two weeks will bea)Rs. 163b)Rs. 183c)Rs. 163.84d)none of theseCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If you save 1 paise today, 2 paise the next day 4 paise the succeeding day and so on, then your total savings in two weeks will bea)Rs. 163b)Rs. 183c)Rs. 163.84d)none of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If you save 1 paise today, 2 paise the next day 4 paise the succeeding day and so on, then your total savings in two weeks will bea)Rs. 163b)Rs. 183c)Rs. 163.84d)none of theseCorrect answer is option 'C'. Can you explain this answer?.
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