Certain sum is lent at 10% compound interest per annum. If the interest accrued during the year 2024 was ₹1,331 then the interest accrued during the year 2022, was:

1. ₹ 1,210

2. ₹ 1,100

3. ₹ 1,464.10

4. ₹ 1,610.51

During 2023, the population of a small village was 45,000 which increased every year by 5%. The population during the year 2024 was:

1. 45,000 + 5% of 45,000

2. 45,000 - 5% of 45,000

3. 45,000 x 5% of 45,000

4. 45,000 ÷ 5% of 45,000

The cost of a machine depreciates every year by 10%; the percentage decrease during two years will be:

1. 20%

2. 18%

3. 19%

4. 21%

Assertion (A): On a certain sum and at a certain rate,

C.I. for 3rd year = Amount of 3rd year - Amount of 2nd year

Reason (R): A in 3 years = Principal + C.I. for 3 years and A in 2 years = Principal + C.I. for 2 years

⇒ A in 3 years - A in 2 years = C.I. for 3rd year

1. A is true, but R is false.

2. A is false, but R is true.

3. Both A and R are true, and R is the correct reason for A.

4. Both A and R are true, and R is the incorrect reason for A.