What will be the difference of the amounts in the two types of saving given below
1) 20 rupee per day upto 100 days
2) 25 paisa then 50 paisa then 75 paisa then so on upto 100 days
Reason. In first saving total amount = 20*100 = 2000 rupee
In second, savings of 50th and 51st days are 12.50 and 12.75 rupee
(These two are middle terms) (or by solving AP method)
Total saving in second case = 100*{(12.50 + 12.75)/2} = 1262.50 rupee
Difference is 2000-1262.50 = 737.50 rupee
option 3)