Question

1. Amachinery worth10,500 depreciated by 5%. Find its value after one
2. Find the population of a city after 2 years, which is at present 12 lakh, if
value at the end of 1 year = 3 21000
(1-
5
100
19
= 19,950
= * 21000 x
20
TRY THESE
of increase is 4%.
EXERCISE 8.3
Calculate the amount and compound interest on
1
(a) 10,800 for 3 years at 12% per annum compounded annual
2.​

Answer 1

After 1 year =12,00000 + 4