Advertisements
Advertisements
प्रश्न
The cost of a sewing machine is Rs 7,000. Its value depreciates at 8% p.a. Then the value of the machine after 2 years is Rs 5,924.80.
विकल्प
True
False
Advertisements
उत्तर
This statement is True.
Explanation:
Principal = Rs. 7000
Rate of depreciation = 3% per annum
Time period = 2 yr
`A = P(1 - R/100)^n`
= `7000(1 - 8/100)^2`
= `7000 xx 23/25 xx 23/25`
= 11.2 × 23 × 23
= Rs. 5924.8
APPEARS IN
संबंधित प्रश्न
Compute the amount and the compound interest in the following by using the formulae when:
Principal = Rs 160000, Rate = 10 paise per rupee per annum compounded half-yearly, Time = 2 years.
At what rate percent will a sum of Rs 1000 amount to Rs 1102.50 in 2 years at compound interest?
The compound interest on Rs 1800 at 10% per annum for a certain period of time is Rs 378. Find the time in years.
The annual rate of growth in population of a certain city is 8%. If its present population is 196830, what it was 3 years ago?
Ms. Cherian purchased a boat for Rs 16000. If the total cost of the boat is depreciating at the rate of 5% per annum, calculate its value after 2 years.
The cost price of a machine is 2,50,000. If the rate of depreciation is 10% per year, find the depreciation in price of the machine after two years.
A loan of ₹ 15000 was taken on compound interest. If the rate of compound interest is 12 p.c.p.a. find the amount to settle the loan after 3 years.
A principal amounts to ₹ 13,924 in 2 years by compound interest at 18 p.c.p.a. Find the principal.
Gautam takes a loan of ₹ 16,000 for 2 years at 15% p.a. compound interest. He repays ₹ 9,000 at the end of the first year. How much must he pay at the end of the second year to clear the debt?
Find the amount and the compound interest on ₹ 10,000 in 3 years, if the rates of interest for the successive years are 10%, 15%, and 20% respectively.
