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14. Compound Interest
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Q14 of 89 Page 14

The population of a mixi company in 1996 was 8000 mixies. Due to increase in demand it increases its production by 15% in the next two years and after two years its demand decreases by 5%. What eill its production after 3 years?

Given,


Population of mixi company in 1996 = 8000


Production growth rate in next 2 years = 15 %


Decrease rate in 3rd year = 5%


So,


Production after 3 years =


=


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The population of a town increases at the rate of 40 per thousand annually. If the present population be 175760, what was the population three years ago.

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Questions · 89
14. Compound Interest
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