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 60000. If the rate of increase in population is 2.00% per annum, what is the population after 5 year(s)?
  • (i)
    66245
  • (ii)
    66265
  • (iii)
    66255
  • (iv)
    66235
  • (v)
    66225
Question 2
2.
The population of a city is 30000. If the rate of decrease in population is 6.00% per annum, what is the popoulation after 1 year(s)?
  • (i)
    28210
  • (ii)
    28200
  • (iii)
    28180
  • (iv)
    28190
  • (v)
    28220
Question 3
3.
The present value of a machine is ₹4000.00. Suppose it depreciates at the rate of 10.00% per annum, what is the value of the machine after 4 year(s)?
  • (i)
    ₹2626.40
  • (ii)
    ₹2625.40
  • (iii)
    ₹2622.40
  • (iv)
    ₹2623.40
  • (v)
    ₹2624.40
Question 4
4.
The present value of a machine is ₹10000.00. Suppose it depreciates at the rate of 7.00% per annum, what was the value of the machine 4 year(s) ago?
  • (i)
    ₹13369.05
  • (ii)
    ₹13367.05
  • (iii)
    ₹13368.05
  • (iv)
    ₹13366.05
  • (v)
    ₹13370.05
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
    -
    r
    100
    ]
    n
  • (iii)
    P
    [
    1
    -
    100
    r
    ]
    n
  • (iv)
    P
    [
    1
    -
    r
    100
    ]
    n
    Assignment Key
  •  1) (i)
  •  2) (ii)
  •  3) (v)
  •  4) (iii)
  •  5) (iv)
  •  6) (ii)