5. The value of a piece of land is increasing at a rate of 25% per annum. Find its value after 5 years if its value is 2,00,000 today.
6. Write an expression for the value of a commodity after 20 years if its value decreases at a monthly rate of 2%.
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5) The value of a piece of land is increasing at a rate of 25% per annum. Find its value after 5 years if its value is 2,00,000 today.
answer:
Increasing raaste per year = 25% Recent value of land = 2,00,000
Value after 5 yrs = First find how much cost is increasing = = 25% of 200000 = 25 x 200000/100
= 25 x 2000 = 50,000
> Land cost is increasing 50,000 per year > Cost of land after 5 years= ( 50,000 x 5) +
recent cost
> Cost of land = 2,50,000 + 2,00,000
ANSWER > €4,50,000.
6)Write an expression for the value of a commodity after 20 years if its value decreases at a monthly rate of 2%.
answer: see the attachment
btw which class u studied..
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