answer que no. 7 please
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Step-by-step explanation:
Increase per annum = 45,000
When, 2 × 5 × 4,50,000
= 45,000
= 45,000 × 2
= 1,00,000
= 1,00,000 + 4,50,000
= 5,50,000
= After 2 years the price is 5,50,000
Formula Used = Principal × Time × Rate ÷ 100
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