Mathematics

Mathematics

Problem

The monthly rent of a shop is ₹5,000 in January 2024 and is to increase by ₹250 every month until it reaches ₹8,000, after which it remains unchanged. How many months will pass before the rent first becomes ₹8,000 and what is the total rent payable up to and including that month? a) 12 months;  ₹ 82,50012 \text{ months};\; \text{₹ }82,500 b) 13 months;  ₹ 86,00013 \text{ months};\; \text{₹ }86,000 c) 13 months;  ₹ 84,50013 \text{ months};\; \text{₹ }84,500 d) 12 months;  ₹ 78,00012 \text{ months};\; \text{₹ }78,000

Browse the problem library