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Pritam Bought a Plot of Land for Rs 640000. Its Value is Increasing by 5% of Its Previous Value After Every Six Months. What Will Be the Value of the Plot After 2 Years? - Mathematics

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प्रश्न

Pritam bought a plot of land for Rs 640000. Its value is increasing by 5% of its previous value after every six months. What will be the value of the plot after 2 years?

योग
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उत्तर

Given: 
P = Rs 64, 000
R = 5 % for every six months
Value of the plot after two years = P \[\left( 1 + \frac{R}{100} \right)^n \]
\[ \Rightarrow 64, 000 \left( 1 + \frac{5}{200} \right)^4 \]
\[ = 64, 000 \left( 1 . 025 \right)^4 \]
\[ = 706, 440 . 25\]
Thus, the value of the plot after two years will be Rs 706, 440.25.

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अध्याय 14: Compound Interest - Exercise 14.5 [पृष्ठ ३१]

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आरडी शर्मा Mathematics [English] Class 8
अध्याय 14 Compound Interest
Exercise 14.5 | Q 3 | पृष्ठ ३१

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