Example 18. Mr X borrowed interest free loan of Rs. 12000 from Y. The loanis to be repaid in ten installments. Mr X paid Rs. 800 as first instalment and thenincreases each instalment by equal amount over the preceding instalment. Whatwill be the last instalment?

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Answered: iterest free loan of Rs. 12000 from Y.…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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iterest free loan of Rs. 12000 from Y. The loan is to be repaid in ten installments. Mr X paid Rs. 800 as first instalment and then increases each instalment by equal amount over the preceding instalment. What will be the last instalment?