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The rent of a house increases at a rate of 10% per annum. If a family paid Rs. 6000 at present, find the rent of the house they have to pay after 2 years?
- a)Rs. 7220
- b)Rs. 7200
- c)Rs. 7260
- d)Rs. 7240
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
The rent of a house increases at a rate of 10% per annum. If a family ...
Rent of house after 2 years = Rent of House at present × 110/100 × 110/100
∴ Rent of house after 2 years = 6000 × 110/100 × 110/100 = Rs. 7260
Most Upvoted Answer
The rent of a house increases at a rate of 10% per annum. If a family ...
Given:
- The rent of a house increases at a rate of 10% per annum.
- The family paid Rs. 6000 at present.
To find:
The rent of the house they have to pay after 2 years.
Solution:
To find the rent of the house after 2 years, we need to calculate the rent at the end of the first year and then at the end of the second year.
Calculating the rent at the end of the first year:
- The rent increases by 10% per annum.
- So, the rent at the end of the first year will be 6000 + (10/100) * 6000 = 6000 + 600 = 6600.
Calculating the rent at the end of the second year:
- Again, the rent increases by 10% per annum.
- So, the rent at the end of the second year will be 6600 + (10/100) * 6600 = 6600 + 660 = 7260.
Therefore, the rent of the house the family has to pay after 2 years is Rs. 7260.
Hence, the correct answer is option C) Rs. 7260.
- The rent of a house increases at a rate of 10% per annum.
- The family paid Rs. 6000 at present.
To find:
The rent of the house they have to pay after 2 years.
Solution:
To find the rent of the house after 2 years, we need to calculate the rent at the end of the first year and then at the end of the second year.
Calculating the rent at the end of the first year:
- The rent increases by 10% per annum.
- So, the rent at the end of the first year will be 6000 + (10/100) * 6000 = 6000 + 600 = 6600.
Calculating the rent at the end of the second year:
- Again, the rent increases by 10% per annum.
- So, the rent at the end of the second year will be 6600 + (10/100) * 6600 = 6600 + 660 = 7260.
Therefore, the rent of the house the family has to pay after 2 years is Rs. 7260.
Hence, the correct answer is option C) Rs. 7260.
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The rent of a house increases at a rate of 10% per annum. If a family paid Rs. 6000 at present, find the rent of the house they have to pay after 2 years?a)Rs. 7220b)Rs. 7200c)Rs. 7260d)Rs. 7240Correct answer is option 'C'. Can you explain this answer?
Question Description
The rent of a house increases at a rate of 10% per annum. If a family paid Rs. 6000 at present, find the rent of the house they have to pay after 2 years?a)Rs. 7220b)Rs. 7200c)Rs. 7260d)Rs. 7240Correct answer is option 'C'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about The rent of a house increases at a rate of 10% per annum. If a family paid Rs. 6000 at present, find the rent of the house they have to pay after 2 years?a)Rs. 7220b)Rs. 7200c)Rs. 7260d)Rs. 7240Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The rent of a house increases at a rate of 10% per annum. If a family paid Rs. 6000 at present, find the rent of the house they have to pay after 2 years?a)Rs. 7220b)Rs. 7200c)Rs. 7260d)Rs. 7240Correct answer is option 'C'. Can you explain this answer?.
The rent of a house increases at a rate of 10% per annum. If a family paid Rs. 6000 at present, find the rent of the house they have to pay after 2 years?a)Rs. 7220b)Rs. 7200c)Rs. 7260d)Rs. 7240Correct answer is option 'C'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about The rent of a house increases at a rate of 10% per annum. If a family paid Rs. 6000 at present, find the rent of the house they have to pay after 2 years?a)Rs. 7220b)Rs. 7200c)Rs. 7260d)Rs. 7240Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The rent of a house increases at a rate of 10% per annum. If a family paid Rs. 6000 at present, find the rent of the house they have to pay after 2 years?a)Rs. 7220b)Rs. 7200c)Rs. 7260d)Rs. 7240Correct answer is option 'C'. Can you explain this answer?.
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The rent of a house increases at a rate of 10% per annum. If a family paid Rs. 6000 at present, find the rent of the house they have to pay after 2 years?a)Rs. 7220b)Rs. 7200c)Rs. 7260d)Rs. 7240Correct answer is option 'C'. Can you explain this answer?, a detailed solution for The rent of a house increases at a rate of 10% per annum. If a family paid Rs. 6000 at present, find the rent of the house they have to pay after 2 years?a)Rs. 7220b)Rs. 7200c)Rs. 7260d)Rs. 7240Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of The rent of a house increases at a rate of 10% per annum. If a family paid Rs. 6000 at present, find the rent of the house they have to pay after 2 years?a)Rs. 7220b)Rs. 7200c)Rs. 7260d)Rs. 7240Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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