A building worth Rs 133100 is constructed on land worth Rs 72900.after how many years Will the value Of both be same if the land appreciates at 10%p.a and building depreciates at 10%p.a
Answers
ANSWER:---------
Explanation :
{Let the required time be n years. Then, 72900}
{x(1+10100)n =133100x(1−10100)}n}
{(1+10100)n =133100x(1-10100)}n
⇔ (1110)n×(109)n= 13310072900
⇔(119)n= 1331729=(119)3
⇔⇔ (1110)n×(109)n= 13310072900
⇔(119)n= 1331729=(119)3 ⇔n = 3.
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The value Of both be same if the land appreciates at 10%p.a and building depreciates at 10%p.a after 3 years
Step-by-step explanation:
Present value of building = 133100
The building depreciates at 10%p.a
So, Value of Building after t years =
Present value of land = 72900
The land appreciates at 10%p.a
So, Value of land after t years =
So,
t=3
Hence The value Of both be same if the land appreciates at 10%p.a and building depreciates at 10%p.a after 3 years
#Learn more:
The value of a flat worth rs.500000 is depreciating at the rate of 10% p.A. In how many years will its value be reduced to rs.364500?
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