A machine depreciates each year at 8% of its value in the beginning of the year. If its value be ₹ 57,500 at the end of the year 2015, find :

(i) its value at the end of the year 2014,

(ii) its value at the end of the year 2016.

A man invests ₹ 46,875 at 4% p.a. compound interest for 3 years. The interest for the 1st year will be:

1. ₹ 1,785

2. ₹ 1,587

3. ₹ 1,875

4. ₹ 1,758

A man deposits ₹ 10,000 in a cooperative bank for 3 years at 9% p.a. If interest is compounded annually, then the amount he will get from the bank after 3 years is:

1. ₹ 12,950.29

2. ₹ 12,905.29

3. ₹ 12,059.29

4. ₹ 12,095.29