NCERT Example 9 - Arithmetic Progressions
Question: A sum of ₹ 1000 is invested at 8% simple interest per year. Calculate the interest at the end of each year. Find the interest at the end of 30 years.
Answer: The interest at the end of 30 years will be ₹ 2400.
Full step-by-step NCERT solution with diagrams on Something by Zero.