A sum of Rs. 1000 is invested at 8% simple interest per year. Calculate the interest at the end of each year. Do these, interests form an A .P. ? If so, find the interest at the end of 30 yrs.

Solution

Here, P = 1000, r = 8%
Interest at the end of first year.
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Interest at the end of second year
$equals fraction numerator straight P cross times straight r cross times straight t over denominator 100 end fraction equals space fraction numerator 1000 cross times 8 cross times 2 over denominator 100 end fraction equals R s. space 160$
Interest at the end of third year
$equals fraction numerator straight P cross times straight r cross times straight t over denominator 100 end fraction equals fraction numerator 1000 cross times 8 cross times 3 over denominator 100 end fraction equals space Rs. space 240$
So, we have 80, 160, 240, ..............
Here, a = 80, d = 80
Therefore, interest at the end of 30 yrs. i.e. a₃₀ is,
a₃₀ = a + (30 –1) d = 80 + 29 x 80
= 80 + 2320 = 2400
So the interest at the end of 30 years is Rs. 2400.

Some More Questions From Arithmetic Progressions Chapter

In which of the following situations, does the list of numbers involved make an arithmetic progression, and why?

The taxi fare after each km when the fare is Rs. 15 for the first km and Rs. 8 for each additional km.

In which of the following situational, does the list of numbers involved make an arithmetic progression, and why?

The cost of digging a well for the first metre is Rs. 150 and rises by Rs. 50 for each succeeding metre.

In which of the following situational, does the list of numbers involved make an arithmetic progression, and why?

The taxi fare after each km when the fare is Rs. 15 for the first km and Rs. 8 for each additional km.

In which of the following situational, does the list of numbers involved make an arithmetic progression, and why?

The cost of digging a well for the first metre is Rs. 150 and rises by Rs. 50 for each succeeding metre.

For Daily Free Study Material Join wiredfaculty

Arithmetic Progressions

A sum of Rs. 1000 is invested at 8% simple interest per year. Calculate the interest at the end of each year. Do these, interests form an A .P. ? If so, find the interest at the end of 30 yrs.

Some More Questions From Arithmetic Progressions Chapter

In which of the following situations, does the list of numbers involved make an arithmetic progression, and why?

The taxi fare after each km when the fare is Rs. 15 for the first km and Rs. 8 for each additional km.

In which of the following situational, does the list of numbers involved make an arithmetic progression, and why?

The cost of digging a well for the first metre is Rs. 150 and rises by Rs. 50 for each succeeding metre.

In which of the following situational, does the list of numbers involved make an arithmetic progression, and why?

The taxi fare after each km when the fare is Rs. 15 for the first km and Rs. 8 for each additional km.

In which of the following situational, does the list of numbers involved make an arithmetic progression, and why?

The cost of digging a well for the first metre is Rs. 150 and rises by Rs. 50 for each succeeding metre.

Write first four terms of the AP, when the first term a and the common difference d are given as follows:
a – 10, d = 10

Write first four terms of the AP, when the first term a and the common difference d are given as follows:
a = –2, d = 0

Write first four terms of the AP, when the first term a and the common difference d are given as follows:
a = 4, d = – 3

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For Daily Free Study Material Join wiredfaculty

Arithmetic Progressions

A sum of Rs. 1000 is invested at 8% simple interest per year. Calculate the interest at the end of each year. Do these, interests form an A .P. ? If so, find the interest at the end of 30 yrs.

Some More Questions From Arithmetic Progressions Chapter

In which of the following situations, does the list of numbers involved make an arithmetic progression, and why?The taxi fare after each km when the fare is Rs. 15 for the first km and Rs. 8 for each additional km.

In which of the following situational, does the list of numbers involved make an arithmetic progression, and why?The cost of digging a well for the first metre is Rs. 150 and rises by Rs. 50 for each succeeding metre.

In which of the following situational, does the list of numbers involved make an arithmetic progression, and why?The taxi fare after each km when the fare is Rs. 15 for the first km and Rs. 8 for each additional km.

In which of the following situational, does the list of numbers involved make an arithmetic progression, and why?The cost of digging a well for the first metre is Rs. 150 and rises by Rs. 50 for each succeeding metre.

Write first four terms of the AP, when the first term a and the common difference d are given as follows:a – 10, d = 10

Write first four terms of the AP, when the first term a and the common difference d are given as follows:a = –2, d = 0

Write first four terms of the AP, when the first term a and the common difference d are given as follows:a = 4, d = – 3

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

In which of the following situations, does the list of numbers involved make an arithmetic progression, and why?

The taxi fare after each km when the fare is Rs. 15 for the first km and Rs. 8 for each additional km.

In which of the following situational, does the list of numbers involved make an arithmetic progression, and why?

The cost of digging a well for the first metre is Rs. 150 and rises by Rs. 50 for each succeeding metre.

In which of the following situational, does the list of numbers involved make an arithmetic progression, and why?

The taxi fare after each km when the fare is Rs. 15 for the first km and Rs. 8 for each additional km.

In which of the following situational, does the list of numbers involved make an arithmetic progression, and why?

The cost of digging a well for the first metre is Rs. 150 and rises by Rs. 50 for each succeeding metre.

Write first four terms of the AP, when the first term a and the common difference d are given as follows:
a – 10, d = 10

Write first four terms of the AP, when the first term a and the common difference d are given as follows:
a = –2, d = 0

Write first four terms of the AP, when the first term a and the common difference d are given as follows:
a = 4, d = – 3