Let the given statement be $P(n):\Large {1 \over 1.5} + {1 \over 5.9}+....+{1 \over (4n-3).(4n+1)}$
$$\sum_{r=1}^{n} {1 \over (4r-3)(4r+1)} $$
$$\frac{1}{4} \sum_{r=1}^{n} {1 \over (4r-3)} -{1 \over (4r+1)} $$
$$\frac{1}{4} \left(1-\frac{1}{4n+1} \right)$$
$P(1)=\frac{1}{1.5}$. Hence $P(1)$ is true.
Assuming $P(k)$ is true where $k \ge 1$
We will try to prove $P(k+1)$ is true
$$P(k+1)= {1 \over 1.5} + {1 \over 5.9}+....+{1 \over (4k-3).(4k+1)} + {1 \over (4(k+1)-3).(4(k+1)+1)}$$
$$P(k+1)= {1 \over 1.5} + {1 \over 5.9}+....+{1 \over (4k-3).(4k+1)} + {1 \over (4k+1).(4k+5)}$$
$$\frac{1}{4} \left(1-\frac{1}{4k+1} \right)+{1 \over (4k+1).(4k+5)}$$
$$\frac{1}{4} -\frac{1}{4k+1}\left(\frac{1}{4}-\frac{1}{4k+5} \right)$$
$$\frac{1}{4} -\frac{1}{4k+1}\left(\frac{4k+1}{4(4k+5)} \right)$$
$$\frac{1}{4} -\left(\frac{1}{4(4k+5)} \right)$$
$$\frac{1}{4}\left(1 -\frac{1}{(4k+5)} \right)$$
Thus $P(k+1)$ is true whenever $P(k)$ is true.