Bunuel
The first day fine is $1.
Subsequent day fine = $1+increment of (0.5) per day.
For second day = $1.5
Third day = $2 and so on.
So, the values are : (1, 1.5, 2, 2.5, 3, 3.5, 4, 4.5, 5, 5.5, 6, .......... So on ).
Fine amount options is max 12.
If I take the days, as 4
Then, fine amount = 1+1.5+2+2.5 = $7 (Not in the option) .
If I take the day as 5,
Then the fine amount = $7+$3 = $10. Bingo , we have an answer.
So, the answer :
Day = 5 Fine Amount = $10. If it had a fine amount greater than 12 and exceedingly large. I would have opted the formula
Summation ( which is the fine amount ) = (n/2) * [2*a + (n-1) d]
Where, n is the number of days.
a = initial term = 1
d = common difference = 1.5-1= 0.5
Since the progression is an arithmetic progression.