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EXERCISE 13.4

                        1.  The population  of a village  2 years ago was 5,000. If the annual  growth in population  during
                           2 successive years was at the rate of 5% and 7% respectively, find the present population of the village.
                        2.  The bacteria in a culture grows by 5% in the first hour, decreases by 5% in the second hour and
                           again increases by 5% in the third hour. If the original count of bacteria in a sample is 5,000, find
                           the bacteria count at the end of 3 hours.
                        3.  The population of a village was decreasing every year due to migration, poverty and unemployment.
                           The present population of the village is 3,15,840. Last year the migration was 4% and the year before
                           last, it was 6%. What was the population of the village 2 years ago?
                        4.  From a village, people started migrating to nearby cities due to unemployment. The population of the
                           village 2 years ago was 6,000. If its present population is 5,415, find the rate at which the migration
                           is taking place.
                        5.  Carbon-14 (C ) decays at a constant rate in such a way that it reduces to 50% in 5,568 years. Find
                                        14
                           the age of an old wooden piece in which the carbon is only 25% of the original.
                        6.  The population of a town increases at the rate of 50 per thousand. If the estimated population after
                           2 years will be 22,050, find the present population of the town.



                    Depreciation
                    The value (P) of any asset reduces over a period of time due to usage and wear and tear. For example, the value
                    of a computer or a machinery reduces with time. The price it fetches after a few years of use will be far less
                    than what it is when it is new. This relative decrease in asset value over a period of time is called depreciation.
                    The depreciation per unit of time is called the rate of depreciation.
                    (a)  If P is the asset value, R% is the rate of depreciation per annum and n is the number of years, then

                                                              Ê    R  ˆ  n
                        depreciated asset value after n years is P 1- 100¯ ˜  .
                                                              Á
                                                              Ë
                    (b)  If, R %, R %, ......, R % are the rates of depreciation in the 1st, 2nd, ......, nth year respectively, then the
                             1
                                  2
                                            n
                                                              Ê    R  ˆ Ê   R  ˆ     Ê    R n  ˆ
                                                                             2
                                                                    1
                        depreciated asset value after n years = P 1- 100¯ Ë 1- 100¯ ˜   ......  1- 100¯ .
                                                                                             ˜
                                                                      ˜ Á
                                                              Á
                                                                                     Á
                                                              Ë
                                                                                     Ë
                    Example 22:     A builder constructs a house for ` 50,00,000. Due to recession, its value depreciates by 20%
                                    in 2 years. What value does he get, if he sells this house after 2 years?
                    Solution:       Original value of the house (P) = ` 50,00,000, Rate of depreciation (R) = 20%,
                                      Time (n) = 2 years
                                    Let the value of the house after 2 years be A.
                                               R
                                          Ê
                                                                Ê
                                                                    20 ˆ
                                                 ˆ
                                      A  = P 1- 100¯ n  = 50,00,000 1- 100¯ 2
                                          Á
                                                 ˜
                                                                Á
                                                                       ˜
                                                                Ë
                                          Ë
                                                  Ê
                                       = 50,00,000  1-  1ˆ ˜  2  = 50,00,000 Ê 4ˆ  2
                                                                      Á ˜
                                                  Á
                                                                       5¯
                                                                      Ë
                                                  Ë
                                                      5¯
                                                     4   4
                                       = 50,00,000 ×    ×    = ` 32,00,000
                                                     5   5
                                    The builder gets ` 32,00,000 for the house after 2 years.
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