Question

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?
​

Answer 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