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Comparing Quantities Test - 48

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Comparing Quantities Test - 48
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  • Question 1
    1 / -0
    Mary expected to $$120$$ people for her wedding, but only $$60$$ people appeared. What was the percentage error?
    Solution
    Given, absolute value $$=120$$ and exact value $$=60$$ 
    We know, percentage error $$=$$ $$\left | \dfrac{\text{Absolute value} -\text{ exact value}}{\text{exact value}} \right |\times 100$$ $$\%$$
    $$=$$ $$\left | \dfrac{120 - 60}{60} \right |\times 100$$ $$\%$$
    $$=$$ $$\left | \dfrac{ 60}{60} \right |\times 100$$ $$\%$$
    $$=$$ $$\left | 1\right |\times 100$$ $$\%$$
    $$= 100\%$$
  • Question 2
    1 / -0
    Which of the following statement/formulae is correct for Percentage Error?
    Solution
    The approximate values is the estimated values and the exact value is the real value.
  • Question 3
    1 / -0
    The present population of a town is $$14000$$. If it increases at the rate of $$10\%$$ per annum, what will be its population after $$4$$ years?
    Solution
    Population after $$4$$ years $$=$$ $$\text{Present Population}$$ $$\left (1+\dfrac{r}{100}\right)^n$$

    Population after $$4$$ years $$=$$ $$14000 \times \left (1+\dfrac{10}{100}\right)^4$$

                                             $$=14000\times1.4641$$

                                             $$=20497$$

    Population after $$4$$ years $$= 20497$$
  • Question 4
    1 / -0
    The cost of a machine is Rs. $$24500$$. After two year the value of that machine was depreciated by $$6\%$$. Find the value of machine after two year.
    Solution
    Given: Principal $$= 24500$$, $$r = 6\%, n = 2$$
    Reduction $$= 6\%$$ of Rs. $$24500$$ per year
    $$= \dfrac{24500\times 6\times 2}{100}=2940$$
    Value at the end of $$2$$ years $$= 24500 - 2940 =$$ Rs. $$21560$$
  • Question 5
    1 / -0
    A machine was purchased $$3$$ years ago. Its value decreases by $$5\%$$ every year. Its present value is $$Rs.23000$$. For how much money was the machine purchased?
    Solution
    Given, 
    Depreciated value $$A=Rs. 23,000$$
    Rate of depreciation $$R=5\%$$
    Time $$T=3$$ years
    So, $$n=3$$
    let the machine was purchased in $$Rs. P$$

    Depreciated value,$$ A = P\left( 1-\dfrac { R }{ 100 }  \right) ^{ n } $$
    $$\Rightarrow 23000 = P \times \left( 1-\dfrac { 5 }{ 100 }  \right) ^{ 3 } $$

    $$ \Rightarrow 23000= P \times \left( 1-\dfrac { 1 }{ 20 }  \right) ^{ 3 } $$

    $$\Rightarrow 23000 = P \times \left(\dfrac { 19}{ 20 }  \right) ^{ 3 } $$

    $$\Rightarrow 23000 = P \times \dfrac { 19}{ 20 } \times\dfrac{19}{20}\times\dfrac{19}{20} $$

    $$\Rightarrow P=23,000 \times \dfrac { 20}{ 19 } \times\dfrac{20}{19}\times\dfrac{20}{19} $$

    $$\Rightarrow P=26,826.07$$
                      
    Therefore, the machine was purchased for $$Rs.26,826.07$$.
  • Question 6
    1 / -0
    A machine depreciates at the rate of $$10\%$$ of its value at the beginning of a year. If the present value of a machine is $$\text{Rs. }4000$$, find its value after $$3$$ years.
    Solution
    Given:-
    $$P = \text{Rs. }4000$$
    $$r = 10\%$$
    $$n = 3$$ years

    Now, as the value of the machine depriciates every year by $$10\%,$$
    $$\begin{aligned}{}A& = P{\left( {1 - \frac{r}{{100}}} \right)^n}\\ &= 4000{\left( {1 - \frac{{10}}{{100}}} \right)^3}\\& = 4000{\left( {0.9} \right)^3}\\& = \text{Rs. }2916\end{aligned}$$

    Hence, the value of the machine after $$3$$ years is $$\text{Rs. }2916.$$
  • Question 7
    1 / -0
    The population of a town increases every year at rate of $$10\%$$. Find the population of the town three years hence if it is $$13000$$ now.
    Solution
    Given, $$P = 13000, r = 10\%, n = 3$$ years
    We know, $$A = P\left [\left (1+\dfrac{r}{100}\right)^n\right]$$
    $$\Rightarrow A = 13000\left [\left (1+\dfrac{10}{100}\right)^3\right]$$
    $$\Rightarrow A= 17303$$
    Hence, the population of the town $$3$$ years is $$17303$$.
  • Question 8
    1 / -0
    A company bought a car that had a value of Rs. $$10000$$. each year the value of the car depreciates by $$15\%$$. What is the value of the car at the end of $$2$$ years.
    Solution
    Given, $$P = 10000, r = 15\%$$ depreciation, $$n = 2$$ years
    We know $$A = P\left [\left (1-\dfrac{r}{100}\right)^n\right]$$
    $$\Rightarrow A = 10000\left [\left (1-\dfrac{15}{100}\right)^2\right]$$
    $$\Rightarrow A =$$ Rs. $$7225$$
    Therefore, the value of car after $$2$$ years is Rs. $$7225$$.
  • Question 9
    1 / -0
    Grace bought a new van for Rs. $$15000$$. Each year, the value of her car depreciated by $$10\%$$. Calculate the value of car before $$2$$ years.
    Solution
    Given, $$P = 15000, r = 10\% $$ depreciated, $$n = 2$$ years
    We know, $$A = P\left [\left (1-\dfrac{r}{100}\right)^n\right]$$
    $$\Rightarrow A = 15000\left [\left (1-\dfrac{10}{100}\right)^2\right]$$
    $$\Rightarrow A =$$ Rs. $$12150$$
    The value of car before $$2$$ years is Rs. $$12150$$.
  • Question 10
    1 / -0
    The present population of a city is $$15000$$. If it increases at the rate of $$4\%$$ per annum. Find its population after $$2$$ years.
    Solution
    Given, $$P=15000, r=4\%, n=2$$ years
    Population after $$2$$ years $$=$$ $$P[(1+\frac{R}{100})^2]$$
    $$=15000\left [(1+\dfrac{4}{100}\right)^2]$$
    $$=15000\times 1.0816$$
    $$=16224$$
    Population after $$2$$ years is $$ 16224$$.
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