A population grows by 5% annually. If it is 20,000 now, what will it be after 2 years?
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Compound growth gives 20,000 × 1.05².
The result is 22,050.
Practice NET Business / Social Sciences questions with answers and explanations.
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Compound growth gives 20,000 × 1.05².
The result is 22,050.
Choose an option to check your answer.
The word 'happily' describes how the children played.
A word that modifies a verb in this way functions as an adverb.
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In this sentence, 'light' names a thing that can be turned off.
Therefore, it functions as a noun rather than a verb or adjective.
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'Under' shows the spatial relationship between the keys and the cushion.
Words that express such relationships are prepositions.
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'But' joins two independent clauses of equal grammatical importance.
It is one of the standard coordinating conjunctions.
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'Honesty' names a quality rather than a physical object.
Names of qualities, ideas, or states are abstract nouns.
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A's capital-time is 2 × 6 + 4 × 6 = 36 units.
B's is 3 × 12 = 36 units, so profits are equal.
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A 20% profit gives a selling price of Rs. 960.
Since this is 80% of marked price, marked price = 960/0.8 = Rs. 1,200.
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He charges for 1,000 grams but supplies only 900 grams.
Gain percentage is 100/900 × 100 = 11 1/9%.
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The selling price is 80% of the marked price.
Thus, marked price = 960 ÷ 0.80 = Rs. 1,200.
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Sales tax is 12% of Rs. 5,000, or Rs. 600.
The total payable amount is Rs. 5,600.
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Commission is 6% of total sales.
Thus, 0.06 × 250,000 = Rs. 15,000.