Question

The value of the land increase by 16% every year. if the present value of the land is RS 232000. (a) What will be the value of the land after a year? (b) What was the value of the land a year earlier?​

Answer 1

Answer:

i) Rs 2,69,120

ii) Rs 1,94,880

Step-by-step explanation:

The value of present = Rs 2,32,000

i) After an year = Rs 2,32,000 + 16% of Rs 2,32,000

                         = Rs 2,32,000 + 16/100 * Rs 2,32,000

                         = Rs 2,32,000 + Rs 37,120

                         = Rs 2,69,120

Hence, the value of land after an year is  Rs 2,69,120.

ii) Earlier an year = Rs 2,32,000 - 16% of Rs 2,32,000

                            = Rs 2,32,000 - 16/100 * Rs 2,32,000

                            = Rs 2,32,000 - Rs 37,120

                            = Rs 1,94,880

Hence, the value of the land earlier an year was Rs 1,94,880.

Answer 2

Answer:

answer : 1. 2,69,120

answer :2. 1,94,880