Sequence and SeriesMCQPYQ June 22Question 6756 of 116
All Questions

A person pays $975$ in monthly installments, each installment is less than former by $5$. The amount of $1^{st}$ installment is $100$. In what time will the entire amount be paid?

Select Your Answer (Keyboard: A, B, C, D)
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Correct Answer

✅ Option A — $26$ months

All Options:

  • A$26$ months ✓
  • B$15$ months
  • CBoth (a) & (b)
  • D$18$ months

Detailed Solution & Explanation

PYQ June 22

About This Chapter: Sequence and Series

Paper

Paper 3: Quantitative Aptitude

Weightage

4-6 Marks

Key Topics

Arithmetic & Geometric Progressions

This chapter covers Arithmetic Progressions (AP) and Geometric Progressions (GP). Students learn how to find the nth term, sum of n terms, arithmetic/geometric means, and sum to infinity of a GP.

View Official ICAI Syllabus

Exam Strategy Tip

For complex 'sum of series' questions, a great hack is to substitute n = 1 and n = 2 into the question and the options to see which one matches, completely bypassing the formula.

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GDP deflator is used to measure:

Personal Income minus Direct Taxes equals:

Keynesian consumption function expresses relationship between:

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