The price of a scooter was 42,000rs last year.it has increased by 30% this year what is the price now
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1
Answer:
Amount (A) = P\left(1-\frac{R}{100}\right)^nP(1−
100
R
)
n
= 42000\left(1-\frac{8}{100}\right)^142000(1−
100
8
)
1
= 42000\left(1+\frac{2}{25}\right)^142000(1+
25
2
)
1
= 42000\left(\frac{27}{25}\right)^142000(
25
27
)
1
= 42000\times\frac{27}{25}42000×
25
27
= Rs. 38,640
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