Question

9.1 The value of a residential flat constructed at a cost of 1.50,000 is appreciating at the rate of 10% per
year. What will be the value of the flat after three years of its construction?
Year 1
Year 2
Year 3​

Answer 1

Answer:

its easy

Step-by-step explanation:

Step-by-step explanation:

Principal = Rs. 150000

Rate= 10%

time= 3 years

therefore, P (1- r/100) to the power 3

=150,000 (1- 10/100) to the power 3

= 150,000 x 90 x 90 x90/ 100 x 100 x 100

= Rs. 10935000000000

Ans: Rs 10935000000000

hope its clear

please mark me as brainleast if you can

Answer 2

Answer:

₹ 1,99,650.

Step-by-step explanation:

Appreciation formula:

=p(1+R/100)^n

P(Principal)(1,50,000), n=Period of Time(3 Years),Rate of Interest (R)=10%.

=1,50,000(1+10/100)^3

=1,50,000(1+1/10)^3

=1,50,000(11/10)^3

=1,50,000(11/10)×(11/10)×(11/10)

=1,50,000(11×11×11/10×10×10)

=1,50,000(1331/1000)

=150×1331/1

=1,99,650.

Hence,The Value Of the flat after Three years of its construction is ₹ 1,99,650