Question

Please answer this question ​

Answer 1

Answer:

Here is your answer

Step-by-step explanation:

Solution

Current rent =2500,  percent increase per year =5%

After 1 year

Rent =2500+5% of 2500=2500+(  

100

5

​

)×2500  

Rent =2625

After 2 years

Rent =2625+5% of 2625 =26250+(  

100

5

​

)×2625

Rent =2756.25

∴ Rent will be 2756.25 after 2 years.

Answer 2

Answer:

2756.25

Step-by-step explanation:

Current rent =2500

Increasing rate is 5% per year.

Now, in the 1st year, rent will be

2500+5%of 2500

=2500+125

=2625

For the 2nd year, principal rent will be 2625.

So, after increasing 5%, the rent will be

2625+ 5% of 2625

=2625+ 131.25

=2756.25

So the rent after 2 years will be ₹2756.25