The income of a person is Rs. 300000 in the first year and he receives an increase of Rs. 10000 to his income per year for the next 19 years. Find the total amount he received in 20 years.
The income of a person in 1st year = Rs 300000
The income of a person in 2nd year = Rs 300000 + 10000
= Rs 310000
The income of a person in 3rd year = Rs 310000 + 10000
= Rs 320000
and so,on
Therefore, the AP is
300000, 310000, 320000,…
Here a = 300000, d = 310000 – 300000 = 10000
and n = 20
We know that,
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⇒ S20 = 10 [600000 + 190000]
⇒ S20 = 10[790000]
⇒ S20 = 7900000
Hence, the total amount he received in 20 years is Rs 7900000.
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