Mathematics

Mathematics

Problem

Shweta plans to repay a loan by making monthly payments that form an arithmetic progression. Her first payment is ₹2,000 and each subsequent payment is ₹250 more than the previous one. What is the smallest number of monthly payments she must make so that the total amount paid is at least ₹50,000? a) 13 b) 14 c) 15 d) 16

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