1.
A man buys a financial instrument whose value
goes up by Rs 200 every month. At
1.
A man buys a financial instrument whose value
goes up by Rs 200 every month. At the end of 2 years he gets Rs 91200. What is
its value after 15 months of his purchase?
a. ... more1.
A man buys a financial instrument whose value
goes up by Rs 200 every month. At the end of 2 years he gets Rs 91200. What is
its value after 15 months of his purchase?
a.
2800
b.
4300
c.
7100
This is a problem based on A.P.
Sn=n/2(2a+(n-1)d)
Where n- number of months
Initial amount... moreThis is a problem based on A.P.
Sn=n/2(2a+(n-1)d)
Where n- number of months
Initial amount
d- Regular difference
91200 =24/2(2a+(23)200)
24a=36000;a=1500
Value by 15th month S15=a+(n-1)d=1500+14(200)=4300
another wrong question... If the value is 91200 after 12 months then how can it be less than 91200 in 15 months? no option is more than 91200. so none of the above..
