Question
Determine the total sum of all three-digit numbers that are
divisible by both 2 and 7.Solution
A number which is divisible by both 2 and 7 is a number which is divisible by 14 (LCM of 2 and 7)
Smallest 3-digit number divisible by 14 = 112
Largest 3-digit number divisible by 14 = 994
Therefore, numbers will be 112, 126,......, 994 which are in arithmetic progression having
First term (a) = 112, common difference (d) = 14 and last term (l) = 994
Last term of a series, l = a + (n - 1) X d
Where, 'a' is the first term of the series, 'n' is number of terms, and 'd' is the common difference of the series.
Or, 994 = 112 + (n - 1) X 14
Or, 'n' - 1 = (994 - 112) Γ· 14
So, 'n' = 63 + 1 = 64
Sum of a series in an arithmetic progression, Sn = (n/2) X {2a + (n - 1) X d}
Where, 'a' is the first term of the series, 'n' is number of terms, and 'd' is the common difference of the series.
= (64/2) X {2 X 112 + (64 - 1) X 14}
= 32 X (224 + 882) = 32 X 1106 = 35,392
Which of the following categories of borrowers are eligible for housing loans from Urban Cooperative Banks (UCBs)?
Which of the following financial centers provide international financial services mainly to their national economies?
Which of the following document clearly defined outputs and outcomes for various Central Sector Schemes and Centrally Sponsored Schemes with measurable ...
During the financial year 2023-24, A had cash sales of βΉ3,90,000 and credit sales of βΉ1,60,000. His expenses for the year were βΉ2,70,000, out of w...
Central Registry of Securitization Asset Reconstruction and Security Interest(CERSAI) is under which provision?
Linear model of communication involves: -
In which year the GIFT City was notified as SEZ (special Economic Zone)?
A bank publishes its internal benchmark for various maturities. Which of the following maturity benchmark, need not be p ublish ed by the bank?Β Β
Which among the following is the correct formula for value of right under the rights issue?
If a stock's expected return is 18%, the risk-free rate is 6%, and the market return is 12%, what is the stock's beta according to the CAPM?