As given by the question
There are given that the series

Now,
For step 1:
Put n=1
Then LHS =1
And

So,

P(n) is true for n=1.
Now,
Step 2:
Assume that P(n) istrue for n=k
Then,

Adding 2k+1 on both sides
So, we get:

P(n) is true for n=k+1
By the principle of mathematical induction P(n) is true for all natural numbers n.
Hence,

For all n.
Hence proved.