A man repays a loan of Rs. 3250 by paying Rs. 20 in the first month and then increases the payment by Rs 15 every month.How long will it take him to clear the loan?
In order to solve or understand a question like this, we need to know about arithmetic sequences.
Arithmetic sequences are the sequences which have a constant difference between the numbers. In other words, it is the sequence of numbers in which we obtain the next term by adding a constant number.So, it is in the form of
Is an arithmetic sequence. In this the common difference is
Now, let's understand this question. In this, he pays
In this manner he clears the loan in
To solve this, we need to know the formula
According to the question, We need to find
Hope that helps!...