English
Tamil Nadu Board of Secondary EducationSSLC (English Medium) Class 8

Depreciation value is calculated by the formula, P(1-r100)n - Mathematics

Advertisements
Advertisements

Question

Depreciation value is calculated by the formula, `"P"(1 - "r"/100)^"n"`

Options

  • True

  • False

MCQ
True or False

Solution

True

Explanation;

Hint:

Depreciation formula is `"P"(1 - "r"/100)^"n"`

shaalaa.com
  Is there an error in this question or solution?
Chapter 4: Life Mathematics - Exercise 4.3 [Page 139]

APPEARS IN

Samacheer Kalvi Mathematics [English] Class 8 TN Board
Chapter 4 Life Mathematics
Exercise 4.3 | Q 2. (i) | Page 139

RELATED QUESTIONS

Calculate the amount and compound interest on Rs 62500 for `1 1/2` years at 8% per annum compounded half yearly.


In how many years ₹ 700 will amount to ₹ 847 at a compound interest rate of 10 p.c.p.a.


Ramesh invests Rs. 12,800 for three years at the rate of 10% per annum compound interest. Find:
(i) the sum due to Ramesh at the end of the first year.
(ii) the interest he earns for the second year.
(iii) the total amount due to him at the end of the third year.


Saurabh invests Rs. 48,000 for 7 years at 10% per annum compound interest. Calculate:
(i) the interest for the first year.
(ii) the amount at the end of second year.
(iii) the interest for the third year.


Calculate the compound interest on Rs. 5,000 in 2 years; if the rates of interest for successive years be 10% and 12% respectively.


A man invests Rs. 9600 at 10% per annum compound interest for 3 years. Calculate :
(i) the interest for the first year.
(ii) the amount at the end of the first year.
(iii) the interest for the second year.
(iv) the interest for the third year. the interest for the first year.


The compound interest payable annually on a certain sum for 2 years is Rs 40.80 and the simple interest is Rs 40. Find the sum and the rate percent.


The difference between simple interest and compound interest compounded annually on a certain sum is Rs.448 for 2 years at 8 percent per annum. Find the sum.


Find the compound interest on ₹ 3200 at 2.5% p.a for 2 years, compounded annually


Compound interest is the interest calculated on the previous year’s amount.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×