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ICSE Class 8 Answered

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 | 17 Jan, 2019, 10:49: AM
answered-by-expert 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 | 17 Jan, 2019, 11:08: AM
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