Ramkali required `2500 after 12 weeks to send her daughter to school. She saved 100 in the first week and increased savings by 20 every week. Find whether she will be able to send her daughter to school after 12 weeks.

Question

Ramkali required `2500 after 12 weeks to send her daughter to school. She saved 100 in the first week and increased savings by 20 every week. Find whether she will be able to send her daughter to school after 12 weeks.
What value is generated in the above situation?

Philoid · Accepted Answer

Money required for Ramkali for admission of her daughter = 2500

A.P. formed by saving

100, 120, 140, … upto 12 terms …(i)

Let, a, d and n be the first term, common difference and number of terms respectively.

a = 100, d = 20, n = 12

S₁₂ = 6[420] = 2520

The required amount was 2500 and she was able to save 2520 in 12 weeks.

Value: Small savings can fulfill your big desires.