A contract on construction job specifies a penalty for delay in completion of the work beyond a certain date is as follows: ₹ 200 for the first day, ₹ 250 for the second day, ₹ 300 for the third day etc., the penalty for each succeeding day being ₹ 50 more than that of the preceding day. How much penalty should the contractor pay if he delays the work by 10 days?
A contract on construction job specifies a penalty for delay in completion of the work beyond a certain date is as follows: ₹ 200 for the first day, ₹ 250 for the second day, ₹ 300 for the third day etc., the penalty for each succeeding day being ₹ 50 more than that of the preceding day. How much penalty should the contractor pay if he delays the work by 10 days?
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