Question

P1+
P 14100)
= 1600011 100)
ago =
144
Remember
ion, the formula is
In the case of appreciation, the for
16000 x 120x120 – 160x12x12 = 23,040
100 x 100
Example 25: The price of a plot has appreciated
at the rate of 20% p.a. during the past two years.
Now it costs 14,400 per square metre. What was
its cost two years ago?
Solution. Let the cost two years ago be = 100 per
square metre.
Therefore, the present price will be
. In the case of depreciation, the form
A=P(1 - 8
100 x 120x120 = 144
100x100
vis 12,50,000,
Exercise 10E
The population of a city increases every year at the rate of 10%. If the population now is 1
uhat will be the population after 4 years?
Daving the last few years, the number of cattle​

Answer 1

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