Question

The price of a toy increases at a rate of 3%per year. The present price is ₹650.The price of the toy after two years will be_______.​

Answer 1

Answer:

present price = 650 ₹

rate = 3% p.a

increase in a year = 650 * 3/100

= 19.5

for 2 years = 19.5 * 2

= 39 ₹

so the cost after 2 years = 650 + 39 = ₹689

thank you