Solution:
As per the question:
A man saved ₹ in ten years
Let be his savings in the first year be ₹
Every year his savings increased by ₹ 100.
Therefore,
A.P will be , , .
In which, is first term and
Common difference,
It is known that, is the sum of terms of an A.P
Using the formula,
Where, the first term is , the common difference is and is number of terms in an A.P.
Given that,
As a result, his saving in the first year is ₹ 1200 .