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A company's profit is (50000) rupees in the first year and increases by (5000) rupees every year. What is the total profit for the first (8) years?

Answer and explanation

Correct answer: (540000)

The profits form the AP (50000,55000,60000,\ldots), and (S_8=540000). Exam tip: treat yearly profits as separate terms.

Related tags

ApWord-ProblemProfit-SumWord Problems Based On ApsArithmetic Progressions (Ap)Arithmetic Progressions ApMathematicsClass 10 Mcq

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