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14. Compound Interest
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Q4 of 89 Page 14

Mohan purchased a house for Rs. 30000 and its value is depreciating at the rate of 25% per year. Find the value of the house after 3 years.

Given,


Price of house = Rs.30000


Depreciating rate = 25% per year


Value of house after 3 years =


=


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2

The value of a machine depreciates at the rate of 10% per annum. What will be its value 2 years hence, if the present value is Rs 100000? Also, find the total depreciation during this period.

3

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?

5

The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years ago. If its present value is Rs. 43740, find its purchase price.

6

The value of a refrigerator which was purchased 2 years ago, depreciates at 12% per annum. If its present value is Rs. 9680, for how much was it purchased?

Questions · 89
14. Compound Interest
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