Ram purchased a flat at a price of Rs. 4,50,000. If its price is increasing by 5% per year, find the price at the end of 5 years.
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Price increase in first year= 5% of 4,50,000
= 5/100×4,50,000
= 5×4,500
= 22,500
Price increase after 5 years= 5×22,500
= 1,12,500
= 5/100×4,50,000
= 5×4,500
= 22,500
Price increase after 5 years= 5×22,500
= 1,12,500
9953533601:
witch formula you have used in this question
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