This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.
What is the total amount and benefit type for the period 01/06/2003 until 31/01/2005?
Business/Management

ScanSolve AI Answer
Answer
12000
Step 1: Total Expenditure (Rs.)
Expenditures form an arithmetic progression: first term , common difference , terms, last term .
Total expenditure = Rs.
Step 2: Total Income (Rs.)
Incomes form an arithmetic progression: first term , common difference , terms, last term .
Total income = Rs.
Step 3: Profit/Loss (Rs.)
Net profit = Rs.
12000
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Quick Answer
Total Expenditure (Rs.) Expenditures form an arithmetic progression: first term a=4000, common difference d=500, n=12 terms, last term l=9500.
ScanSolve AI Answer
Step 1: Total Expenditure (Rs.) Expenditures form an arithmetic progression: first term a=4000, common difference d=500, n=12 terms, last term l=9500. S_n &= (n)/(2) (a + l) \\ S_12 &= (12)/(2) (4000 + 9500) \\ &= 6 × 13500 \\ &= 81000 Total expenditure = Rs. 81000 Step 2: Total Income (Rs.) Incomes form an arithmetic progression: first term a=5000, common difference d=500, n=12 terms, last term l=10500. S_n &= (n)/(2) (a + l) \\ S_12 &= (12)/(2) (5000 + 10500) \\ &= 6 × 15500 \\ &= 93000 Total income = Rs. 93000 Step 3: Profit/Loss (Rs.) Profit &= Total income - Total expenditure \\ &= 93000 - 81000 \\ &= 12000 Net profit = Rs. 12000 12000