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A company's profit is (60000) rupees in the first year and increases by (8000) rupees every year. What is the total profit for the first (6) years?

Answer and explanation

Correct answer: (480000)

The profits form the AP (60000,68000,76000,\ldots) and (S_6=480000). Exam tip: treat yearly profits as separate terms.

Related tags

ApWord-ProblemProfitTotalWord Problems Based On ApsArithmetic Progressions (Ap)Arithmetic Progressions ApMathematics

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