Sweta invested Rs. 10,000 in a scheme exactly | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(C) The initial investment is $P = Rs. 10,000$.After the first year,the value increases by $10\%$,so the new value is $10,000 	imes (1 + 0.10) = 10,0

Vedclass · Accepted Answer

$10,395$

Vedclass · Answer

(C) The initial investment is $P = Rs. 10,000$.After the first year,the value increases by $10\%$,so the new value is $10,000 	imes (1 + 0.10) = 10,000 	imes 1.10 = 11,000$.After the second year,the value increases by $5\%$,so the new value is $11,000 	imes (1 + 0.05) = 11,000 	imes 1.05 = 11,550$.After the third year,the value decreases by $10\%$,so the final value is $11,550 	imes (1 - 0.10) = 11,550 	imes 0.90 = 10,395$.Therefore,the value of the investment today is $Rs. 10,395$.

Sweta invested $Rs. 10,000$ in a scheme exactly three years ago. The value of the investment increased by $10\%$ during the first year,increased by $5\%$ during the second year,and decreased by $10\%$ during the third year. What is the value of the investment today?

Similar Questions

When the price of sugar decreases by $10 \%$,a man can buy $1 \text{ kg}$ more for $₹ 270$. What is the original price of sugar per $\text{kg}$?

If $A = x \%$ of $y$ and $B = y \%$ of $x$,then which of the following is true?

If $A$'s height is $40 \%$ less than that of $B$,how much percent is $B$'s height more than that of $A$?

$\frac{3}{4}$ of $\frac{2}{3}$ of $\frac{1}{5}$ of a number is $249.6$. What is $50\%$ of that number?

If a number is $20 \%$ more than the other,how much per cent is the second number less than the first?

Vedclass Test Series

Exam Paper Generator

Online Exam Module