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Railways Sample Paper RRB (Assistant Loco Pilot & Technician) Sample Test Paper-7

  • question_answer
    With a growth rate of 8% per annum, what will be the production of a company in 2002, if the production in 2000 was 17000?

    A)  19720

    B)  19828.8

    C)  18360

    D)  Cannot be determined

    Correct Answer: B

    Solution :

     Required production       \[=P{{\left( 1+\frac{Rate}{100} \right)}^{Time}}\]       \[=17000{{\left( 1+\frac{8}{100} \right)}^{2}}\]       \[=17000\,\,\,\frac{27}{25}\,\,\,\,\frac{27}{25}\,\,=\,19828.8\]


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