Question

The price of a plot increase at a constant rate of 5% every year. Find its expected price after 3 years if the present price is 200000​

Answer 1

Answer:

200000 x 0 =200000 =5 !

ghr se nikal kar AA Raha hai kya hai to phir bhi nahi laga ki harbhajan india ke chhakke chhut di

Answer 2

Future price = Present price × ( 1 × r/100)^time

= 200000 × ( 1 + 5/100) ^³

= 200000× ( 105/100)^³

= 200000 × ( 105×105×105 )/ ( 100 ×

100×100)

= 231525