Question

The production of a mixi company in 1996 was 8000 mixies. Due to increase in demand
it increases its production by 15% in the next two years and after two years its
demand decreases by 5%. What will be its production after 3 years?​

Answer 1

Step-by-step explanation:

A= P( 1+R/100)^T

x = 8000 (1 + 15/100) (1 + 15/100) (1 – 5/100)

= 8000 (115/100) (115/100) (95/100)

= 8000 (1.15) (1.15) (0.95)

=10051.

∴ Production after three years will be 10051 mixies.