Application of formula of CI

Q.

The value of a machine costing$80000$ depreciates at the rate of$15\%$ per annum. What will be the worth of this machine after$3$ days?

Q.

The cost of Maruti 800 in the year 1998 was ₹ 2, 50, 000. After the end of one year and four months, the price underwent depreciation by 10% per annum. Its new price is

1. ₹ 2, 25, 000

2. ₹ 2, 17, 500

3. ₹ 2, 40, 000

4. ₹ 2, 23, 000

Q.

The cost of a bike, purchased 2 years ago, depreciates at the rate of $20\%$ every year. If its present worth is ₹35600, find its purchase price.

1. ₹55625

2. ₹43175

3. ₹49352

4. ₹50625

Q.

A scooter was bought at ₹42000 and its value depreciated at the rate of 8% per annum. Find its value after one year.

1. ₹48640

2. ₹48000

3. ₹38000

4. ₹38640

Q.

Kamala borrowed ₹ 26, 400 from a bank to buy a scooter at a rate of 15% interest per annum compounded yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan?

1. ₹ 36659.7

2. ₹ 36660
3. ₹ 37545
4. ₹ 46659.7

Q.

The cost of a car depreciates at the rate of $20\%$ every year. If its present worth is ₹315600, find the purchase value of the car, if it was purchased two years back.

1. ₹4, 93, 125

2. ₹2, 01, 984

3. ₹4, 10884

4. ₹2, 22, 884

Q.

The rate of increase in population is 25%. What will be the population after 2 years if the initial population is 20000?

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