the number of seats for admission is increased by 10% every year if the seats in 2013 was 400 what is the number of seats in 2015
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the number of seats for admission is increased by 10% every year if the seats in 2013 was 400 what is the number of seats in 2015
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Answer:
484
Step-by-step explanation:
in year 2001= 400 seats
in year 2002 it increased by 10%
10÷100×400=40+400=440
in year 2003 it again increased by 10% (i.e., 44 means 440+44=484 )
Hope this helps you :)
Answer:
The number of seats for admission is increased by 10 % every year.
It means we have to apply compound interest.
We have to calculate it for 2003−2001=2 years.
Total seats= P(1+
n
r
)
nt
Putting r=
100
10
=0.1
t=2
n=1
P=400
We get 400(1+0.1)
2
=484