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PRC-2 · Chapter 3 · Question 23 of 45

In a long-term contract structure representing an arithmetic progression, the 8th payment is Rs. 18,000 and the 12th payment is Rs. 26,000. What was the amount of the very first payment?

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Reveal answer & explanation

Correct answer: B) Rs. 4,000

Explanation

We have two equations: a + 7d = 18000, and a + 11d = 26000. Subtracting the first from the second gives 4d = 8000, so d = 2000. Substituting d into the first equation: a + 7(2000) = 18000 -> a + 14000 = 18000 -> a = 4000.

All 45 questions in Chapter 3Mathematical Progression MCQs with answers

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