EduSahara™ Assignment
Name : Compound Interest Applications
Chapter : Comparing Quantities using Proportion
Grade : SSC Grade VIII
License : Non Commercial Use
Question 1
1.
The population of a city is 50000. If the rate of increase in population is 4.00% per annum, what is the population after 1 year(s)?
  • (i)
    51980
  • (ii)
    52010
  • (iii)
    51990
  • (iv)
    52020
  • (v)
    52000
Question 2
2.
The population of a city is 20000. If the rate of decrease in population is 6.00% per annum, what is the popoulation after 2 year(s)?
  • (i)
    17662
  • (ii)
    17672
  • (iii)
    17682
  • (iv)
    17692
  • (v)
    17652
Question 3
3.
The present value of a machine is ₹6000.00. Suppose it depreciates at the rate of 4.00% per annum, what is the value of the machine after 2 year(s)?
  • (i)
    ₹5527.60
  • (ii)
    ₹5531.60
  • (iii)
    ₹5530.60
  • (iv)
    ₹5528.60
  • (v)
    ₹5529.60
Question 4
4.
The present value of a machine is ₹5000.00. Suppose it depreciates at the rate of 7.00% per annum, what was the value of the machine 2 year(s) ago?
  • (i)
    ₹5783.02
  • (ii)
    ₹5779.02
  • (iii)
    ₹5781.02
  • (iv)
    ₹5780.02
  • (v)
    ₹5782.02
Question 5
5.
Let the present value of a machine be P. If it depreciates at the rate of r% per annum, the value of the machine after n years is
  • (i)
    P
    [
    1
    -
    r
    100
    ]
    n
  • (ii)
    P
    [
    1
    -
    100
    r
    ]
    n
  • (iii)
    P
    [
    1
    -
    r
    100
    ]
    n
  • (iv)
    P
    [
    1
    -
    100
    r
    ]
    n
Question 6
6.
Let the present value of a machine be P. If it depreciates at the rate of r% per annum, the value of the machine n years ago is
  • (i)
    P
    [
    1
    -
    r
    100
    ]
    n
  • (ii)
    P
    [
    1
    -
    100
    r
    ]
    n
  • (iii)
    P
    [
    1
    -
    r
    100
    ]
    n
  • (iv)
    P
    [
    1
    -
    100
    r
    ]
    n
    Assignment Key
  •  1) (v)
  •  2) (ii)
  •  3) (v)
  •  4) (iii)
  •  5) (iii)
  •  6) (i)