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Question

The price of a certain item was 10in1990andithasgoneupby2 per year since 1990. If this trend continues, in what year will the price be $100 ?

A
2034
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B
2035
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C
2036
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D
2037
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Solution

The correct option is D 2035
Given
The price of a certain item in 1990 = 10$
Increase in price is 2$ per year.
Final price = 100$
Let x be the number of years for this change in price.
Total Increase in price = Final price Initial price
= 100- 10
= 90$
Number of years it took for this increase in price;
2 × x = 90
x = 45
It took 45 years for this increase in price since 1990.
Therefore, the year the price is 100is'2035'$.

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