Growth and Depreciation – Unit 3 | Class 10 | Mathematics

Class 10 Mathematics Unit 3 – Growth and Depreciation | Nepal eNotes
CLASS 10 MATHEMATICS • UNIT 3

Unit 3: Growth and Depreciation

Exercise 3.1 and Exercise 3.2 — WordPress-ready solutions reconstructed from the supplied 39-page handwritten notes.

Original Scanned PDF – View Notes

Important Formulae

Growth
PT = P(1 + R/100)T
Increase
Increase = PT − P
Depreciation
VT = V0(1 − R/100)T
Depreciated Amount
V.D. = V0 − VT
Different Annual Growth Rates
PT = P(1 + R1/100)(1 + R2/100)(1 + R3/100) …
Different Annual Depreciation Rates
VT = V0(1 − R1/100)(1 − R2/100)(1 − R3/100) …
Notation used in the source: P = present value/population, PT = value after T years, V0 = original value, VT = depreciated value, R = rate percent per year, T = time in years.

Exercise 3.1 – Growth

Basic Growth Problems

1. Stock price increased by 10% in one year

P = Rs 1,500, R = 10%, T = 1 year

PT = 1500(1 + 10/100)1

= 1500 × 1.1

Current price = Rs 1,650

2(a). Population growth problem

P = 5,18,452, R = 4.5%, T = 3 years

PT = 5,18,452(1.045)3

The handwritten solution gives a future population of approximately 5,91,5xx.

The final population digits on page 2 are partly unclear in the scan, so the source setup is preserved without forcing an exact last-digit transcription.

2(b). Rent increases by 5% every year

P = Rs 10,000, R = 5%, T = 3 years

PT = 10,000(1.05)3

Rent after 3 years = Rs 11,576.25

2(c). Bacteria increase by 10% per hour

Initial number = 4 × 1011, R = 10%, T = 2 hours

PT = 4 × 1011(1.1)2

= 4 × 1011 × 1.21

Number after 2 hours = 4.84 × 1011

3(a). Rural-municipality population

P = 28,500, R = 2%, T = 5 years

PT = 28,500(1.02)5

∴ Future population ≈ 31,466

Increase ≈ 31,466 − 28,500 = 2,966

3(b). School monthly fee increased by 10% every year

Fee 3 years ago = Rs 6,500

PT = 6,500(1.10)3

= Rs 8,651.50

Increase = 8,651.50 − 6,500

Increase = Rs 2,151.50

3(c). Land price grows by 10% per year

Present price = Rs 6,00,000, R = 10%, T = 2 years

PT = 6,00,000(1.1)2

= Rs 7,26,000

Increase = 7,26,000 − 6,00,000

Increase = Rs 1,26,000

Finding Growth Rate

(a) P = 20,000, PT = 21,682, T = 2 years

21,682 = 20,000(1 + R/100)2

21,682 / 20,000 = (1 + R/100)2

The source concludes the annual growth rate is approximately 4%.

(b) P = Rs 4,00,000, PT = Rs 4,41,000, T = 2 years

4,41,000 = 4,00,000(1 + R/100)2

1.1025 = (1 + R/100)2

1.05 = 1 + R/100

R = 5%

(c) P = 125, PT = 216, T = 3 years

216 = 125(1 + R/100)3

216/125 = (1 + R/100)3

1.728 = (1 + R/100)3

1.2 = 1 + R/100

R = 20%

Finding Time

(a) P = 10,000, PT = 13,310, R = 10%

13,310 = 10,000(1.1)T

1.331 = (1.1)T

(1.1)3 = (1.1)T

T = 3 years

(b) Growth at 4% p.a.

The source simplifies the amount/principal ratio to:

1.0816 = (1.04)T

(1.04)2 = (1.04)T

T = 2 years

Finding Present Population / Present Value

(a) Future total = 2,55,55,200, R = 10%, T = 3 years

2,55,55,200 = P(1.1)3

P = 2,55,55,200 / 1.331

P = 1,92,00,000

(b) Future total = 42,59,200, R = 10%, T = 3 years

42,59,200 = P(1.1)3

P = 42,59,200 / 1.331

P = Rs 32,00,000

Growth at Different Rates in Different Years

(a) P = Rs 1,00,000; rates 3%, 4% and 5%

PT = 1,00,000(1.03)(1.04)(1.05)

= 1,00,000 × 1.12476

PT = Rs 1,12,476

(b) Population = 1,50,000; rates 2%, 4% and 5%

PT = 1,50,000(1.02)(1.04)(1.05)

= 1,50,000 × 1.11384

PT = 1,67,076

Direct growth examples

P = 1,000, T = 3 years, R = 20%

PT = 1,000(1.2)3 = 1,728

P = 200, T = 2 years, R = 20%

PT = 200(1.2)2 = 288

Growth with Migration / Addition / Deduction

Problem: final population/value 30,000 after 2 years, 10% growth and an added 5,800

30,000 = P(1.1)2 + 5,800

30,000 − 5,800 = 1.21P

24,200 = 1.21P

P = 20,000

Problem: PT = 120, R = 5%, T = 2 years

120 = P(1.05)2

P = 120 / 1.1025

P ≈ 108.84

Problem: P = 31,250, R = 6%, with an adjustment of 625

After the first year, the source writes:

P1 = 31,250(1.06) − 625 = 32,500

For the next year:

P2 = 32,500(1.06)

P2 = 34,450

Problem: population 3,75,000, growth 2%, migration 1,980 and deaths 2,750

After 2 years:

3,75,000(1.02)2 + 1,980 − 2,750

= 3,88,880

After one more year at 2%:

3,88,880(1.02) = 3,96,657.6

Rounded population ≈ 3,96,658

Population growth from 2075 B.S. to 2079 B.S.

Population in 2075 = 5,00,000

Population after 3 years = 6,65,500

6,65,500 = 5,00,000(1 + R/100)3

1.331 = (1 + R/100)3

R = 10%

Population after another 2 years:

6,65,500(1.1)2

Population = 8,05,255

Exercise 3.2 – Depreciation

Basic Depreciation Problems

1. Watch costing Rs 5,000, depreciation 7% for 1 year

VT = 5,000(1 − 7/100)

= 5,000 × 0.93

= Rs 4,650

Depreciated value = 5,000 − 4,650 = Rs 350

2(a). Motorcycle sold for Rs 57,000 after 1 year at 5% depreciation

57,000 = V0(0.95)

V0 = 57,000 / 0.95

Purchase price = Rs 60,000

3(a). Cupboard costing Rs 16,800, depreciated by 15% for 2 years

VT = 16,800(0.85)2

= Rs 12,138

3(b). Motorcycle price Rs 2,50,000, depreciation 4% for 3 years

VT = 2,50,000(0.96)3

VT = Rs 2,21,184

4(a). V0 = Rs 30,000, R = 30%, T = 2 years

VT = 30,000(0.70)2

= Rs 14,700

Depreciated amount = 30,000 − 14,700

Rs 15,300

4(b). V0 = Rs 96,000, R = 15%, T = 3 years

VT = 96,000(0.85)3

= Rs 58,956

Depreciated amount = 96,000 − 58,956

Rs 37,044

Finding Depreciation Rate

(a) V0 = Rs 3,12,500 and VT = Rs 1,60,000 after 3 years

1,60,000 = 3,12,500(1 − R/100)3

1,60,000 / 3,12,500 = (1 − R/100)3

0.512 = (1 − R/100)3

(0.8)3 = (1 − R/100)3

0.8 = 1 − R/100

R = 20%

(b) V0 = Rs 5,000 and VT = Rs 625 after 3 years

625 = 5,000(1 − R/100)3

0.125 = (1 − R/100)3

(0.5)3 = (1 − R/100)3

0.5 = 1 − R/100

R = 50%

Finding Time and Earlier Value

(a) V0 = Rs 4,00,000, VT = Rs 1,96,000, R = 30%

1,96,000 = 4,00,000(0.70)T

0.49 = (0.70)T

(0.70)2 = (0.70)T

T = 2 years

(b) V0 = Rs 8,00,000, VT = Rs 5,83,200, R = 10%

5,83,200 = 8,00,000(0.9)T

0.729 = (0.9)T

(0.9)3 = (0.9)T

T = 3 years

Earlier value: VT = Rs 125, R = 5%, T = 2 years

125 = V0(0.95)2

V0 = 125 / 0.9025

V0 ≈ Rs 138.50

Present value Rs 2,80,000 depreciated by 5% for 3 years

VT = 2,80,000(0.95)3

VT = Rs 2,40,065

Different Depreciation Rates in Different Years

(a) V0 = Rs 5,00,000; rates 15%, 10% and 5%

VT = 5,00,000(0.85)(0.90)(0.95)

VT = Rs 3,63,375

(b) Two different annual depreciation rates

The source uses:

VT = V0(1 − R1/100)(1 − R2/100)
The amount and final original-value digits on page 31 are partly overwritten. The method is clear, but the individual numerical values are not copied as definite facts.

Depreciation with Earnings – Profit and Loss

9. Vehicle value Rs 48,00,000, earnings Rs 6,80,000, depreciation 10% for 2 years

VT = 48,00,000(0.9)2

= Rs 38,88,000

Depreciated amount = 48,00,000 − 38,88,000

= Rs 9,12,000

Loss = 9,12,000 − 6,80,000

Loss = Rs 2,32,000

10. Asset value Rs 16,00,000, earnings Rs 5,10,000, depreciation 5% for 3 years

VT = 16,00,000(0.95)3

= Rs 13,71,800

Depreciated amount = 16,00,000 − 13,71,800

= Rs 2,28,200

Profit = 5,10,000 − 2,28,200

Profit = Rs 2,81,800

Share-Value Problems

11. Value after 2 years = Rs 28,350, depreciation 10%

28,350 = V0(0.9)2

28,350 = 0.81V0

V0 = Rs 35,000

If each share is Rs 100:

Number of shares = 35,000 / 100

350 shares

12. Value after 2 years = Rs 7,10,775, depreciation 10%

7,10,775 = V0(0.9)2

V0 = 7,10,775 / 0.81

V0 = Rs 8,77,500

At Rs 100 per share:

Number of shares = 8,77,500 / 100

8,775 shares

Finding Depreciation Rate and Original Value from Two Future Values

13. Value after 2 years = Rs 10,240 and after 3 years = Rs 8,192

For 2 years:

V0(1 − R/100)2 = 10,240 … (i)

For 3 years:

V0(1 − R/100)3 = 8,192 … (ii)

Dividing (ii) by (i):

1 − R/100 = 8,192 / 10,240 = 0.8

R/100 = 0.2

R = 20%

Using equation (i):

V0(0.8)2 = 10,240

0.64V0 = 10,240

V0 = Rs 16,000

14. Value after 2 years = Rs 5,41,500 and after 3 years = Rs 5,14,425

For 2 years:

V0(1 − R/100)2 = 5,41,500 … (i)

For 3 years:

V0(1 − R/100)3 = 5,14,425 … (ii)

Dividing (ii) by (i):

1 − R/100 = 5,14,425 / 5,41,500 = 0.95

R/100 = 0.05

R = 5%

Putting R = 5% in equation (i):

V0(0.95)2 = 5,41,500

0.9025V0 = 5,41,500

V0 = Rs 6,00,000

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