Question

the present cost of a plot is 62500 if the cost is increasing at the rate of 4% what will be the cost of the same plot after 3 year​

Answer 1

Answer:

70,000

Step-by-step explanation:

finding 4% of 62500

x/62500*100=4

x=2500

price after 3 years will be 62500 + 2500*3= 70000

Answer 2

Step-by-step explanation:

cost price of a plot of land = rs.62500

rate % = 4%

let Rs. x be the required cost of the same plot after 3year.

.°. 62500 × 4% = x

$= 62500 \times \frac{4}{100} = x \\ = \frac{250000}{100} = x \\ = 2500 = x$

thus, after 3year the cost of a plot = 62500 + 2500 × 3 = Rs.70,000

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