cost of 40 articles is ₹48000. find out the cost of 72 similar articles
Answers
Answer:
Step-by-step explanation:
or example, the Rule of 72 states that $1 invested at an annual fixed interest rate of 10% would take 7.2 years ((72/10) = 7.2) to grow to $2. In reality, a 10% investment will take 7.3 years to double ((1.107.3 = 2).
The Rule of 72 is reasonably accurate for low rates of return. The chart below compares the numbers given by the Rule of 72 and the actual number of years it takes an investment to double.
Given :
- Cost of 40 articles is Rs 48000
To Find :
- The cost of 72 similar articles.
Solution :
In this question, cost of 40 articles is given to be Rs 48000 and we have to find the cost of 72 similar articles. So for finding the cost of 72 similar articles, firstly we will find the cost of 1 similar article after that we will multiply the cost of 1 similar article with 72.
Cost of 1 similar article :
- Cost of 40 articles = ₹ 48000
- Cost of 1 article = 48000/40
- Cost of 1 article = ₹ 1200
Cost of 72 similar articles :
- Cost of 1 article = ₹ 1200
- Cost of 72 article = 1200 × 72
- Cost of 72 article = ₹ 86400
Therefore :
- Cost of 72 similar articles is Rs 86400
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