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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-by-step solution

3 steps
  1. Total Expenditure (Rs.)

    Expenditures form an arithmetic progression: first term a=4000a=4000, common difference d=500d=500, n=12n=12 terms, last term l=9500l=9500.

    Sn=n2(a+l)S12=122(4000+9500)=6×13500=81000\begin{align*} S_n &= \frac{n}{2} (a + l) \\ S_{12} &= \frac{12}{2} (4000 + 9500) \\ &= 6 \times 13500 \\ &= 81000 \end{align*}

    Total expenditure = Rs. 81000\mathbf{81000}

  2. Total Income (Rs.)

    Incomes form an arithmetic progression: first term a=5000a=5000, common difference d=500d=500, n=12n=12 terms, last term l=10500l=10500.

    Sn=n2(a+l)S12=122(5000+10500)=6×15500=93000\begin{align*} S_n &= \frac{n}{2} (a + l) \\ S_{12} &= \frac{12}{2} (5000 + 10500) \\ &= 6 \times 15500 \\ &= 93000 \end{align*}

    Total income = Rs. 93000\mathbf{93000}

  3. Profit/Loss (Rs.)

    Profit=Total income−Total expenditure=93000−81000=12000\begin{align*} \text{Profit} &= \text{Total income} - \text{Total expenditure} \\ &= 93000 - 81000 \\ &= 12000 \end{align*}

    Net profit = Rs. 12000\mathbf{12000}

    12000

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