3. The cost of a refrigerator is 9000. Its value depreciates at the rate of 5% every
Find the total depreciation in its value at the end of 2 years.
4. A farmer increases his output of wheat in his farm every year by 8. This year
produced 2187 quintals of wheat. What was the yearly produce of wheat to
ago?
Answers
Answered by
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Step-by-step explanation:
Cost Price=9000 , R=5%
Depreciation=
100
R
×CP
After 1 year
Depriciation=
100
5
×9000
=450
After 2 years
Depreciation=
100
5
×8550
=427.5
Total Depreciation =450+427.5=877.5
Hence the statement is True
4.
SOLUTION
It is given that
Present production of wheat = 2187 quintals
Increase in production = 8% p.a.
We know that
Production of wheat 2 years ago = A÷(1+r/100)
n
Substituting the values
=2187÷(27/25)
2
By further calculation
=2187÷(27/25)
2
So we get
= 2187×25/27×25/27
=1875 quintals
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