respectively, and the present population, 3. Madhu bought a house for 1,31,25,000, if its value depreciates at the rate of 10% per annum, what will be its sale price after three years?
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1
Answer:
9568125
Step-by-step explanation:
Given
Cost price(CP)= 1,31,25,000
Rate of interest(r)= 10
Time(t)= 3
To Find
Selling price after 3 year
Solution
\sf{SP}=CP\bigg(1-\dfrac{r}{100}\bigg)^{3}SP=CP(1−
100
r
)
3
\sf{SP}= 1,31,25,000\bigg(1-\dfrac{10}{100}\bigg)^{3}SP=1,31,25,000(1−
100
10
)
3
\sf{SP}= 1,31,25,000\bigg(\dfrac{9}{10}\bigg)^{3}SP=1,31,25,000(
10
9
)
3
\sf{SP}= 1,31,25,000\times\dfrac{729}{1000}SP=1,31,25,000×
1000
729
\sf{SP}= 13125\times729SP=13125×729
\because \sf{Selling\ price\ after\ 3years} = 9568125∵Selling price after 3years=9568125
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