in a factory the production of machines rose to 48400 from 40000 at 10 %p.a fimd the time period
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Answer:
the time was taken is 2 years.....
Step-by-step explanation:
The production of cycles rose to 48,400 from 40,000 in 2 years
⇒ Present production = 40,000
⇒ After two years = 48,000
⇒ Time = 2 years
⇒ Rate of increasement = ?
According to the question,
Production after 2 years
= Present production(1+R100)t
⇒48,400 = 40,0000 (1+R1002)
⇒484400=(1+R100)2
⇒1+R1002220
⇒R100=110
⇒R=10%
⇒Rate of increasement = 10%
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