1.

ery worth10000 depreciated by 5%. Find its value after 1 year.

Answer»

Formula is a = p(1-r/100)^n --------------------- (i)

Given p = 10000, r = 5, n = 2

On submitting values in (i), we get

a = 10000(1-5/100)^1

= 10000(95/100)

= 9500 rs.



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