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 30000. If the rate of increase in population is 6.00% per annum, what is the population after 1 year(s)?
  • (i)
    31800
  • (ii)
    31810
  • (iii)
    31820
  • (iv)
    31790
  • (v)
    31780
Question 2
2.
The population of a city is 40000. If the rate of decrease in population is 3.00% per annum, what is the popoulation after 5 year(s)?
  • (i)
    34359
  • (ii)
    34349
  • (iii)
    34369
  • (iv)
    34329
  • (v)
    34339
Question 3
3.
The present value of a machine is ₹2000.00. Suppose it depreciates at the rate of 5.00% per annum, what is the value of the machine after 4 year(s)?
  • (i)
    ₹1629.01
  • (ii)
    ₹1628.01
  • (iii)
    ₹1630.01
  • (iv)
    ₹1627.01
  • (v)
    ₹1631.01
Question 4
4.
The present value of a machine is ₹7000.00. Suppose it depreciates at the rate of 4.00% per annum, what was the value of the machine 4 year(s) ago?
  • (i)
    ₹8241.63
  • (ii)
    ₹8243.63
  • (iii)
    ₹8242.63
  • (iv)
    ₹8239.63
  • (v)
    ₹8240.63
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
    -
    100
    r
    ]
    n
  • (iv)
    P
    [
    1
    -
    r
    100
    ]
    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
    -
    100
    r
    ]
    n
  • (ii)
    P
    [
    1
    -
    100
    r
    ]
    n
  • (iii)
    P
    [
    1
    -
    r
    100
    ]
    n
  • (iv)
    P
    [
    1
    -
    r
    100
    ]
    n
    Assignment Key
  •  1) (i)
  •  2) (ii)
  •  3) (i)
  •  4) (i)
  •  5) (iv)
  •  6) (iv)