A contract on construction job specifies a penalty for delay in completion of the work beyond a certain date is as fol

### Question Asked by a Student from EXXAMM.com Team

Q 2442745633.     A contract on construction job specifies a penalty for
delay in completion of the work beyond a certain date
is as follows: Rs 200 for the first day, Rs250 for the second
day, Rs 300 for the third day etc., the penalty for each
succeeding day being Rs 50 more than that of the
preceding day. How much penalty should the
contractor pay if he delays the work by 10 days?
IAS 2011 Prelims
A

Rs 4950

B

Rs 4250

C

Rs 3600

D

Rs 650

#### HINT

(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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