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The Cost Of Two Varieties Of Paint Is Rs.3969 Per 2 Kg And Rs.1369 Per 2 Kg Respectively. After How Many Years, The Value Of Both Paint Will Be The Same, If Variety 1 Appreciates At 26% Per Annum And Variety 2 Depreciates At 26% Per Annum? |
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Answer» Simply appreciates variety 1 by 26% and DEPRECIATES variety 2 by 26% as: 3969(1-(1/26))^n=1369(1+)1/26))^n For n = 2 we GET both values equal. Variety 2 Variety1 3969.00 1369 Initially 2937.06 1724.94 after I year 2173.42 2173.42 after II year So the PRICE become same after 2 years. Simply appreciates variety 1 by 26% and depreciates variety 2 by 26% as: 3969(1-(1/26))^n=1369(1+)1/26))^n For n = 2 we get both values equal. Variety 2 Variety1 3969.00 1369 Initially 2937.06 1724.94 after I year 2173.42 2173.42 after II year So the price become same after 2 years. |
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