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Mathematics · 2026 · 4 marks

CBSE 2026 · Region 2 · Set 1 · Q36

Your elder brother wants to buy a car and plans to take a loan from a bank for his car. He repays his total loan of ₹ $\displaystyle 1,18,000$ by paying every month, starting with the first instalment of ₹ $\displaystyle 1,000$ and he increases the instalment by ₹ $\displaystyle 100$ every month. Based on the information given above, answer the following questions :
(i)
Find the amount paid by him in the $\displaystyle 30^{\text {th }}$ instalment.
(ii)
If the total number of instalments is $\displaystyle 40$, what is the amount paid in the last instalment ?
(iii)
What amount does he still have to pay after the $\displaystyle 30^{\text {th }}$ instalment ?

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