The cost of an antique vase increase by 6% every year. if its price is Rs2500 what will be its price after 3 years..

Asked by guptaarti827352 | 17th Jan, 2019, 10:49: AM

Expert Answer:

Here P = Rs. 2500, R = 6% and N = 3
 
begin mathsize 16px style Amount space equals space straight P space open parentheses 1 thin space thin space plus space space straight R over 100 close parentheses to the power of straight N equals space 2500 open parentheses 1 thin space thin space plus space space 6 over 100 close parentheses cubed equals space Rs. space 2977.54 end style
Therefore after 3 years the cost of an antique vase will be Rs. 2977.54

Answered by Yasmeen Khan | 17th Jan, 2019, 11:08: AM