The population of a mixi company in 1996 was 8000 mixies. Due to incre

1.	The population of a mixi company in 1996 was 8000 mixies. Due to increase in demand it increases its production by 15% in the next two years and after two years its demand decreases by 5%. What will its production after 3 years?
Answer» Given, Population of mixi company in 1996 was = 8000 mixies Production growth rate in next 2 years is = 15 % Decrease rate in 3^rd year is = 5% By using the formula, A = P (1 + R/100) x = 8000 (1 + 15/100) (1 + 15/100) (1 – 5/100) = 8000 (115/100) (115/100) (95/100) = 8000 (1.15) (1.15) (0.95) = 10051 ∴ Production after three years will be 10051 mixies.

The population of a mixi company in 1996 was 8000 mixies. Due to increase in demand it increases its production by 15% in the next two years and after two years its demand decreases by 5%. What will its production after 3 years?

Answer»

Given,

Population of mixi company in 1996 was = 8000 mixies

Production growth rate in next 2 years is = 15 %

Decrease rate in 3^rd year is = 5%

By using the formula,

A = P (1 + R/100)

x = 8000 (1 + 15/100) (1 + 15/100) (1 – 5/100)

= 8000 (115/100) (115/100) (95/100)

= 8000 (1.15) (1.15) (0.95)

= 10051

∴ Production after three years will be 10051 mixies.