The present population is rs 2000000 after how many years the price will be rs1458000 if its price reduces by 10% per annum find it
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Answer:
Step-by-step explanation:
present=2000000
decline rate=10 percent
=(10/100) x 2000000
=200000
hence,in the arithmetic progression,
a=2000000,d=(-200000) An=1458000
An=a+(n-1)d
1458000=2000000+(n-1)(-200000)
-542000=(n-1)(-200000)
542000/200000=(n-1)
271/100=(n-1)
2.71=n-1
3.71=n
1 year=12 months
3.71 years=?
3.71 x 12=44.52 months
=3 years and 8 months(roughly)
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