Use app×
Ask a Question
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE

Aman receives a pension starting with Rs.1000 for the first year. Each year he receives 80% of what he received the previous year.

← Prev Question Next Question →
0 votes
6.3k views
in Mathematics by (52.4k points)

Aman receives a pension starting with Rs.1000 for the first year. Each year he receives 80% of what he received the previous year. Find the maximum total amount he can receive even if he lives forever. 

(a) 4000 

(b) 5000 

(c) 1500 

(d) 4900

Play Quiz Game >

1 Answer

+1 vote
by (48.5k points)
selected by
 
Best answer

Correct option (b) 5000

Explanation:

We need to find the infinite sum of the GP: 1000, 800, 640….. (first term = 1000 and common ratio = 0.8) We get: infinite sum of the series as 1000/ (1 − 0.8) = 5000, 

← Prev Question Next Question →

Find MCQs & Mock Test

  1. JEE Main 2025 Test Series
  2. NEET Test Series
  3. Class 12 Chapterwise MCQ Test
  4. Class 11 Chapterwise Practice Test
  5. Class 10 Chapterwise MCQ Test
  6. Class 9 Chapterwise MCQ Test
  7. Class 8 Chapterwise MCQ Test
  8. Class 7 Chapterwise MCQ Test

Related questions

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

User Contribution to Sarthaks eConnect
Managed by Sarthaks Digitizing India
...