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 40000. If the rate of increase in population is 6.00% per annum, what is the population after 3 year(s)?
  • (i)
    47661
  • (ii)
    47631
  • (iii)
    47641
  • (iv)
    47621
  • (v)
    47651
Question 2
2.
The population of a city is 40000. If the rate of decrease in population is 4.00% per annum, what is the popoulation after 3 year(s)?
  • (i)
    35399
  • (ii)
    35409
  • (iii)
    35369
  • (iv)
    35389
  • (v)
    35379
Question 3
3.
The present value of a machine is ₹3000.00. Suppose it depreciates at the rate of 9.00% per annum, what is the value of the machine after 1 year(s)?
  • (i)
    ₹2729.00
  • (ii)
    ₹2728.00
  • (iii)
    ₹2730.00
  • (iv)
    ₹2732.00
  • (v)
    ₹2731.00
Question 4
4.
The present value of a machine is ₹2000.00. Suppose it depreciates at the rate of 10.00% per annum, what was the value of the machine 2 year(s) ago?
  • (i)
    ₹2470.14
  • (ii)
    ₹2467.14
  • (iii)
    ₹2471.14
  • (iv)
    ₹2469.14
  • (v)
    ₹2468.14
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
    -
    r
    100
    ]
    n
  • (iii)
    P
    [
    1
    -
    100
    r
    ]
    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
    -
    100
    r
    ]
    n
  • (ii)
    P
    [
    1
    -
    r
    100
    ]
    n
  • (iii)
    P
    [
    1
    -
    r
    100
    ]
    n
  • (iv)
    P
    [
    1
    -
    100
    r
    ]
    n
    Assignment Key
  •  1) (iii)
  •  2) (iv)
  •  3) (iii)
  •  4) (iv)
  •  5) (ii)
  •  6) (iii)