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 20000. If the rate of increase in population is 5.00% per annum, what is the population after 2 year(s)?
  • (i)
    22060
  • (ii)
    22040
  • (iii)
    22030
  • (iv)
    22070
  • (v)
    22050
Question 2
2.
The population of a city is 40000. If the rate of decrease in population is 2.00% per annum, what is the popoulation after 5 year(s)?
  • (i)
    36157
  • (ii)
    36137
  • (iii)
    36147
  • (iv)
    36167
  • (v)
    36177
Question 3
3.
The present value of a machine is ₹3000.00. Suppose it depreciates at the rate of 3.00% per annum, what is the value of the machine after 1 year(s)?
  • (i)
    ₹2910.00
  • (ii)
    ₹2912.00
  • (iii)
    ₹2909.00
  • (iv)
    ₹2911.00
  • (v)
    ₹2908.00
Question 4
4.
The present value of a machine is ₹4000.00. Suppose it depreciates at the rate of 4.00% per annum, what was the value of the machine 4 year(s) ago?
  • (i)
    ₹4708.50
  • (ii)
    ₹4711.50
  • (iii)
    ₹4709.50
  • (iv)
    ₹4710.50
  • (v)
    ₹4707.50
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) (v)
  •  2) (i)
  •  3) (i)
  •  4) (iii)
  •  5) (i)
  •  6) (ii)