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`

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