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a mand arranges to payoff a debt of Rs 3600 by 40 annual increments, whichform and arithmetic progression, when 30th of the instalments are paid he dies leaving a one third of debt unpaid.calculate the value of first instalment.

 Jun 4, 2014

Best Answer 

 #6
avatar+893 
+8

I think that the wording of the question leaves much to be desired, but here's my interpretation of it.

As a preamble, the sum to n terms of the arithmetic progression with first term a and common difference d is (n/2)(2a + (n-1)d).

I take it that the first payment is a, the second a+d, the third a+2d and so on.

The intention was that 3600 was paid off in 40 instalments, so

3600 = (40/2)(2a + (40-1)d) , that is, 180 = 2a + 39d.

Two thirds are paid off after 30 instalments, so

2400 = (30/2)(2a + (30-1)d), or, 160 = 2a + 29d.

Solve those and you get a=51 and d=2.

 Jun 4, 2014
 #1
avatar+118609 
+5

You question does not make a lot of sense.  Perhaps you could re-word it.

 Jun 4, 2014
 #2
avatar+33616 
0

Deleted - See Bertie's answer below.

 Jun 4, 2014
 #3
avatar
0

yes brother,

one quarter of third.(1/3)

 Jun 4, 2014
 #4
avatar+128475 
0

Mmmm..I wondered about this one yesterday, too !!! 

One fourth of one third = (1/12) * 3600 = 300......so he has paid 3300 after 30 payments

So, letting a1 be the first payment and d be the monthly payment after that (i.e., the common difference), we have

a1 + 39d = 3600

a1 + 29d = 3300   ...multiply the second equation by -1 and add it to the first one

10d = 300  

d=30

a1 + 29(30) = 300

a1 + 870 = 300

a1 = -570

I still come up with a negative initial payment.......maybe I'm doing something wrong......can anybody else help out??

 Jun 4, 2014
 #5
avatar+118609 
0

I looked at this one before chris but I really do not understand the question.

Can you write your interpretation out for me. What is R?  What is 3600?  I have no idea.

 Jun 4, 2014
 #6
avatar+893 
+8
Best Answer

I think that the wording of the question leaves much to be desired, but here's my interpretation of it.

As a preamble, the sum to n terms of the arithmetic progression with first term a and common difference d is (n/2)(2a + (n-1)d).

I take it that the first payment is a, the second a+d, the third a+2d and so on.

The intention was that 3600 was paid off in 40 instalments, so

3600 = (40/2)(2a + (40-1)d) , that is, 180 = 2a + 39d.

Two thirds are paid off after 30 instalments, so

2400 = (30/2)(2a + (30-1)d), or, 160 = 2a + 29d.

Solve those and you get a=51 and d=2.

Bertie Jun 4, 2014
 #7
avatar+33616 
0

Well done Bertie.  I forgot to sum the terms!!

 Jun 4, 2014
 #8
avatar+128475 
0

Thanks, Bertie  !!!

 Jun 4, 2014
 #9
avatar
0

so what is the first instalment?

 Jun 5, 2014
 #10
avatar+128475 
0

Rs 51

 Jun 5, 2014

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