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a shopkeeper bought a shop at rs 1,80,000 in 2002. Every year, the price is incremented by 2%. What should be the price of the sho

By Amara

a shopkeeper bought a shop at rs 1,80,000 in 2002. Every year, the price is incremented by 2%. What should be the price of the shop if he wants to sell in 2004

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Amara

About 40% of the boys in Walter’s school commute to school by bicycle. What is the probability that you must select at least four

How many numbers of 8 digits can be formed with the digits
4, 2, 2, 2, 3, 3, 5, 5 so that odd digits are always in odd
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1 thought on “a shopkeeper bought a shop at rs 1,80,000 in 2002. Every year, the price is incremented by 2%. What should be the price of the sho”

  1. Step-by-step explanation:

    Simple interest = (principal*time*rate) /100

    P = 180000

    R = 2%

    T = 1(year)

    180000*2*1/100

    Simple interest = ₹3600

    so the incremented valie after two years (in 2014) =

    3600*2 = ₹7200

    Total amount = ₹180000*₹7200 = ₹187200

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