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Question
A man saved ₹33000 in 10 months. In each month after the first, he saved ₹100 more than he did in the preceding month. How much did he save in the first month?
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Solution
Let the money saved by the man in the first month be ₹a
It is given that in each month after the first, he saved ₹100 more than he did in the preceding month. So, the money saved by the man every month is in AP with common difference ₹100.
∴ d =Rs 100
Number of months, n = 10
Sum of money saved in 10 months, s10 = ₹ 33,000
`"Using the formula ," S_n = n/2 [2a + (n-1) d],`we get
`S_10 = 10/2 [2a + (10-1) xx 100 ] = 33000`
⇒ 5 (2a +900 )= 33000
⇒ 2a +900=6600
⇒ 2a = 6600-900=5700
⇒ a = 2850
Hence, the money saved by the man in the first month is ₹2,850.
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