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Can you solve this question? A person borrows ₹1000 and agrees to repay with a total interest of ₹140 in 12 installments. If each installment being less than the preceding installment by ₹10. What should be his 1st installment?
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Can you solve this question? A person borrows ₹1000 and agrees to repa...
Total no of installment=12
the amount paid back =1000+140=1140
let a1=x
a2=x-10
a3=x-10-10=x-20
A.P=x,x-10,x-20.............till 12 installment=1140
sum; S12=n/2(2a+(n-1)d)
1140=12/2(2x-(12-1)10)
1140=6(2x-110)
1140/6=2x-110
190=2x-110
2x=300
x=150
there fore his first installment is RS 150
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Can you solve this question? A person borrows ₹1000 and agrees to repay with a total interest of ₹140 in 12 installments. If each installment being less than the preceding installment by ₹10. What should be his 1st installment?
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