What will be the difference of the amounts in the two types of saving given below
1) 10 rupee per day upto 100 days
2) 25 paisa then 50 paisa then 75 paisa then so on upto 100 days
In first saving total amount = 1000 rupee
In second, savings of 50th and 51st days are 12.50 and 12.75 rupee
(These two are middle terms)
Total saving in second case = 100*{(12.50 + 12.75)/2} = 1262.50 rupee
Difference is 262.50 rupee