Mathematics
Mr. Durani bought a plot of land for ₹180000 and a car for ₹320000 at the same time. The value of the plot of land grows uniformly at the rate of 30% p.a., while the value of the car depreciates by 20% in the first year and by 15% p.a. thereafter. If he sells the plot of land as well as the car after 3 years, what will be his profit or loss?
Related Questions
Mahindra set up a factory by investing ₹2500000. During the first two years, his profits were 5% and 10% respectively. If each year the profit was on previous year's capital, calculate his total profit.
The value of a property is increasing at the rate of 25% every year. By what percent will the value of the property increase after 3 years?
The compound interest on ₹1000 at 10% p.a. compounded annually for 2 years is
₹190
₹200
₹210
₹1210
If Sukriti borrows ₹8000 for two years at the rate of 10% per annum compound interest, then the amount to be paid by her at the end of two years to clear the debt is
₹8800
₹9600
₹9680
₹102400