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 3 year(s)?
  • (i)
    56223
  • (ii)
    56263
  • (iii)
    56253
  • (iv)
    56243
  • (v)
    56233
Question 2
2.
The population of a city is 60000. If the rate of decrease in population is 5.00% per annum, what is the popoulation after 3 year(s)?
  • (i)
    51423
  • (ii)
    51443
  • (iii)
    51433
  • (iv)
    51453
  • (v)
    51463
Question 3
3.
The present value of a machine is ₹4000.00. Suppose it depreciates at the rate of 6.00% per annum, what is the value of the machine after 4 year(s)?
  • (i)
    ₹3122.00
  • (ii)
    ₹3123.00
  • (iii)
    ₹3124.00
  • (iv)
    ₹3121.00
  • (v)
    ₹3125.00
Question 4
4.
The present value of a machine is ₹9000.00. Suppose it depreciates at the rate of 9.00% per annum, what was the value of the machine 3 year(s) ago?
  • (i)
    ₹11941.13
  • (ii)
    ₹11942.13
  • (iii)
    ₹11945.13
  • (iv)
    ₹11944.13
  • (v)
    ₹11943.13
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
    -
    100
    r
    ]
    n
  • (ii)
    P
    [
    1
    -
    r
    100
    ]
    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) (iv)
  •  2) (ii)
  •  3) (ii)
  •  4) (v)
  •  5) (ii)
  •  6) (iii)