1. The amount paid in the from of penalty is in the from of following AP: Rs 200, Rs 250, Rs 300, Rs 350, ... Here, a = 200, d = 250 - 200 = 50 and n = 30. The sum of n terms of an AP is given by S_n = n/2[2a + (n - 1)d] ⇒ S_30 = 30/2[2(200) + (30 - 1)(50)] = 15[400 + 1450] = 15 (1850) = 27750 Hence, tRead more

    The amount paid in the from of penalty is in the from of following AP:
    Rs 200, Rs 250, Rs 300, Rs 350, …
    Here, a = 200, d = 250 – 200 = 50 and n = 30.
    The sum of n terms of an AP is given by
    S_n = n/2[2a + (n – 1)d]
    ⇒ S_30 = 30/2[2(200) + (30 – 1)(50)]
    = 15[400 + 1450]
    = 15 (1850) = 27750
    Hence, the contractor has to pay Rs 27750 as penalty for the delay of 30 days.

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  2. Let the amount for first prize = Rs x number of prizes = 7 Total prize amount = Rs 700 Therefore, the series of 7 prizes are as follows: (x) + (x - 20) + (x - 40) + (x - 60) + (x - 80) + (x - 100) + (x - 120) = 700 ⇒ 7x - 420 = 700 ⇒ 7x = 1120 ⇒ x = 1120/7 = 160 Hence, the seven prizes are Rs 160, RRead more

    Let the amount for first prize = Rs x
    number of prizes = 7
    Total prize amount = Rs 700
    Therefore, the series of 7 prizes are as follows:
    (x) + (x – 20) + (x – 40) + (x – 60) + (x – 80) + (x – 100) + (x – 120) = 700
    ⇒ 7x – 420 = 700
    ⇒ 7x = 1120
    ⇒ x = 1120/7 = 160
    Hence, the seven prizes are Rs 160, Rs 140, Rs 120, Rs 100, Rs 80, Rs 60 and Rs 40.

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