Question

The production of a mixi company in 1996 was 8000 mixies. Due to increase in demand it increases it's production by 15% in the next two years and after two years it demand decreases by 5% C.

production difference between 1997 and 1999​

Answer 1

Answer: 10051 mixies

Explanation: The production of mixi company in 1996 = 8000 mixies

Production growth rate in next 2 years = 15%

Decrease rate in 3rd year = 5%

We know,

A = P (1 + $\frac{R}{100}$)

Let the required production be x.

x = 8000 (1 + $\frac{15}{100}$) (1 + $\frac{15}{100}$) (1 – $\frac{15}{100}$)

x = 800 × 1.15 × 1.15 × 0.95

x = 10051 mixies

∴ Production after three years will be 10051 mixies