हिंदी

The value of a machine, purchased two years ago, depreciates at the annual rate of 10%. If its present value is Rs.97,200, find:

Advertisements
Advertisements

प्रश्न

The value of a machine, purchased two years ago, depreciates at the annual rate of 10%. If its present value is Rs.97,200, find:

  1.   Its value after 2 years.
  2.   Its value when it was purchased.
योग
Advertisements

उत्तर

(i) Present value of machine(P) =  Rs.97,200 

Depreciation rate = 10%

∴ Value of machine after 2 years = P`( 1 - r/100)^n`

 = 97,200`( 1 - 10/100 )^2`

= 97,200`(9/10)^2`
= Rs. 78732.

(ii) Present value of machine(A) = Rs.97,200
Depreciation rate = 10% and time = 2 years
To calculate the cost 2 years ago

∴ A = P`( 1 - r/100 )^n`

⇒ 97,200 = P`( 1 - 10/100 )^2`

⇒ 97,200 = P`( 9/10 )^2`

⇒ `97200 = P xx 9/10 xx 9/10` 

⇒ P = `(97200 xx 10 xx 10)/(9 xx 9)`

⇒ P = Rs. 1,20,000

shaalaa.com
Concept of Compound Interest - Use of Compound Interest in Computing Amount Over a Period of 2 Or 3-years
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Compound Interest (Stage 2) [Applications] - Exercise 3 (E) [पृष्ठ ५४]

APPEARS IN

सेलिना Concise Mathematics [English] Class 9 ICSE
अध्याय 3 Compound Interest (Stage 2) [Applications]
Exercise 3 (E) | Q 3 | पृष्ठ ५४

संबंधित प्रश्न

Mr Lalit invested Rs. 5000 at a certain rate of interest, compounded annually for two years. At the end of the first year, it amounts to Rs. 5325. Calculate

1) The rate of interest

2) The amount at the end of the second year, to the nearest rupee.


Ranbir borrows Rs. 20,000 at 12% per annum compound interest. If he repays Rs. 8400 at the end of the first year and Rs. 9680 at the end of the second year, find the amount of loan outstanding at the beginning of the third year.


Calculate the amount and the compound interest for the following:

Rs.10,000 at 8°/o p.a. in `2 1/4` years


The value of a machine depreciates by 10%, 12% and 15% in the first 3 years. Express the total depreciation of the machine as a single per cent during the three years.


A certain sum of money invested at compound interest compounded annually amounted to Rs 26,450 in 2 years and to Rs 30,417.50 in 3 years. Calculate the rate of interest and the sum invested.


Calculate the sum of money on which the compound interest (payable annually) for 2 years be four times the simple interest on Rs. 4,715 for 5 years, both at the rate of 5% per annum.


Find the amount and the compound interest payable annually on:
Rs.17500 for 3 years at 8%, 10% and 12% for the successive years.


A man invests Rs 24000 for two years at compound interest, If his money amounts to Rs 27600 after one year, find the amount at the end of second year.


Ankita bought a gold ring worth Rs.x. The value of the ring increased at 10% per year compounded annually, on which the appreciation for the first year plus the appreciation for the second year amounts to Rs.6300. Find the value of the ring.


Find compound interest on Rs 31250 for 3 years, if the rates of interest for 1st,2nd and 3rd years be 8%, 10% and 12% respectively.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×