Exercise 5.4 · Q7
Q.You and your sibling decide to ask for a raise in your pocket money from your Dad. Your Dad gives both of you a choice. You two could have ₹1000 at once or can get ₹2 on day one, ₹4 on day two and so on, receiving twice as many rupees each day as the previous day, for 12 days. While you opted for getting ₹1000 at once, your brother opted for the latter. Which one of you made a better decision and why?
Arunachal CbseNCERTSubjective· 3mImportance★★★★★est
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Start your 14-day free trial to unlock the full solution →One option is a flat ; the other is a GP starting at , doubling daily for 12 days. Compare the totals.
Sum of the first terms of a GP: , where Day-1 amount, common ratio (doubling ), number of days.
- GP option: Day 1 , so . Amount doubles each day, so . Duration days.
- Substitute into the sum formula:
- Compute , so .
- Compare: flat option ; GP option .
- Since , the GP (doubling) option yields more. …
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