Question

ATV company reduces the price of a particular model 6 % each year the current price of this model is 10000 rs.what would be the price after 2 years​

Answer 1

Answer:

scount is a reduction given on marked price.Discount = Marked Price – Sale Price (S.P.)•Discount can be calculated when discount percentage is given.Discount = Discount % of Marked Price•Additional expenses made after buying an article are included inthe cost price and are known as overhead expenses.cost price = buying price + overhead expenses•Sales Tax is charged on the sale of an item by the government andis added to the Bill Amount.Sales tax = Tax% of sale amountThese days, however, the selling prices (known as MRP) includethe tax known as VAT (Value Added Tax).•The interest compounded annually is the interest calculated onthe previous year’s amount A, (A = P + I).•The time period after which the interest is added each time to forma new principal is called the conversion period.•When the interest is compounded half yearly, there are twoconversion periods in a year of duration 6 months each.•Amount when interest is compounded annually isnRAP1100    12/04/18

whereP is PrincipalR is Rate of interestn is Time Period•Amount when interest is compounded half yearly is2RAP1200n=+where R200 is half yearly rate and 2n is number of half years.

Explanation: