Mathematics

Mathematics

Problem

A trainee receives a monthly stipend that increases by a fixed amount each month. The stipend for the first month is ₹10,000 and the total stipend received during the first 12 months is ₹1,86,000. a. (i) Calculate the monthly increment in the stipend. b. (ii) In which month will the stipend first exceed ₹20,000? c. (iii) Find the total stipend that the trainee will receive in the first 18 months.

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