The price of a piece of land in Kathmandu was fixed at Rs [tex]$60,00,000$[/tex] at the end of 2020 AD. The price increased by [tex]$10\%$[/tex] as a consequence of increasing buying pressure at the beginning of 2021. However, the price of land decreased by [tex][tex]$4\%$[/tex][/tex] due to the economic crisis at the end of 2022 AD.

(a) рдЪрд▓рди рдЪрд▓реНрддреАрдХреЛ рд╕рдВрдХреЗрддрдЕрдиреБрд╕рд╛рд░ [tex]$P \left(1+\frac{ R }{100}\right)^{ T }- P$[/tex] рд▓реЗ рдХреЗ рдЬрдирд╛рдЙрдБрдЫ?
(What does [tex]$P \left(1+\frac{ R }{100}\right)^{ T }- P$[/tex] indicate as per usual notation?)

(b) 2022 рдХреЛ рдЕрдиреНрддреНрдпрдорд╛ рд╕реЛ рдШрдбреЗрд░реАрдХреЛ рдореВрд▓реНрдп рдХрддрд┐ рднрдпреЛ рд╣реЛрд▓рд╛, рдкрддреНрддрд╛ рд▓рдЧрд╛рдЙрдиреБрд╣реЛрд╕реНред
(What will be the price of the land at the end of 2022?)

(c) рдИ.рд╕рдВ. 2022 рдорд╛ [tex][tex]$4\%$[/tex][/tex] рд▓реЗ рдШрдЯрдиреБрдХреЛ рд╕рд╛рдЯреЛ [tex]$5\%$[/tex] рд▓реЗ рдШрдЯреЗрдХреЛ рднрдП рдЬрдЧреНрдЧрд╛ рдмреЗрдЪреНрдиреЗ рдорд╛рдирд┐рд╕рд▓рд╛рдИ рдХрддрд┐ рдШрд╛рдЯрд╛ рд╣реБрдиреНрдереНрдпреЛ рд╣реЛрд▓рд╛, рдЧрдгрдирд╛ рдЧрд░реА рдкрддреНрддрд╛ рд▓рдЧрд╛рдЙрдиреБрд╣реЛрд╕реНред
(How much loss would there be to the person if the price decreased by [tex]$5\%$[/tex] instead of decreasing by [tex][tex]$4\%$[/tex][/tex] in 2022 AD?)

Answers:
(a) Growth
(b) Rs [tex]$63,36,000$[/tex]
(c) Rs [tex]$66,000$[/tex] loss



Answer :

Let's go through the problem step-by-step.

Given:
- The initial price of a piece of land in Kathmandu at the end of 2020 was Rs 60,00,000.
- The price increased by 10% at the beginning of 2021.
- The price decreased by 4% at the end of 2022.

(a) рдЪрд▓рди рдЪрд▓реНрддреАрдХреЛ рд╕рдЗрдХреЗрддрдЕрдиреБрд╕рд╛рд░ [tex]\( P \left(1 + \frac{R}{100}\right)^T - P \)[/tex] рд▓реЗ рдХреЗ рдЬрдирд╛рдЙрдБрдЫ ? (What does [tex]\( P \left(1 + \frac{R}{100}\right)^T - P \)[/tex] as per the usual notation indicate?)

The expression [tex]\( P \left(1 + \frac{R}{100}\right)^T - P \)[/tex] represents the growth of the initial price [tex]\( P \)[/tex] over [tex]\( T \)[/tex] years at a rate of [tex]\( R \% \)[/tex]. This formula indicates how much the price has increased (or decreased) over a specified period at a given percentage rate. The term [tex]\( P \left(1 + \frac{R}{100}\right)^T \)[/tex] represents the new price after the increase/decrease, and subtracting the initial price [tex]\( P \)[/tex] gives the total change in price.

Result:
The expression indicates "Growth".

(b) 2022 рдХреЛ рдЕрдиреНрддреНрдпрдорд╛ рд╕реЛ рдШрдбреЗрд░реАрдХреЛ рдореВрд▓реНрдп рдХрддрд┐ рднрдпреЛ рд╣реЛрд▓рд╛, рдкрддреНрддрд╛ рд▓рдЧрд╛рдЙрдиреБрд╣реЛрд╕реН ред (What will be the price of the land at the end of 2022?)

To calculate the price at the end of 2022:
1. First, calculate the price at the beginning of 2021 after a 10% increase.
2. Then, calculate the price at the end of 2022 after a 4% decrease.

1. Calculate the price at the beginning of 2021:
[tex]\[ \text{Price in 2021} = \text{Initial Price} \times \left(1 + \frac{10}{100}\right) \][/tex]
[tex]\[ \text{Price in 2021} = 60,00,000 \times 1.10 = 66,00,000 \text{ Rs} \][/tex]

2. Calculate the price at the end of 2022:
[tex]\[ \text{Price in 2022} = \text{Price in 2021} \times \left(1 - \frac{4}{100}\right) \][/tex]
[tex]\[ \text{Price in 2022} = 66,00,000 \times 0.96 \approx 63,36,000 \text{ Rs} \][/tex]

Result:
The price of the land at the end of 2022 would be Rs 63,36,000.

(c) рдИ.рд╕рдВ. 2022 рдорд╛ [tex]\( 4 \% \)[/tex] рд▓реЗ рдШрдЯрдиреБрдХреЛ рд╕рд╛рдЯреЛ [tex]\( 5 \% \)[/tex] рд▓реЗ рдШрдЯреЗрдХреЛ рднрдП рдЬрдЧреНрдЧрд╛ рдмреЗрдЪреНрдиреЗ рдорд╛рдирд┐рд╕рд▓рд╛рдИ рдХрддрд┐ рдШрд╛рдЯрд╛ рд╣реБрдиреНрдереНрдпреЛ рд╣реЛрд▓рд╛, рдЧрдгрдирд╛ рдЧрд░реА рдкрддреНрддрд╛ рд▓рдЧрд╛рдЙрдиреБрд╣реЛрд╕реН ред (How much loss will be there to the person if the price decreased by 5% instead of 4% in 2022 AD?)

To calculate the loss if the price decreased by 5% instead of 4%:
1. Calculate the hypothetical price at the end of 2022 if the decrease was 5%.

[tex]\[ \text{Hypothetical Price in 2022} = \text{Price in 2021} \times \left(1 - \frac{5}{100}\right) \][/tex]
[tex]\[ \text{Hypothetical Price} = 66,00,000 \times 0.95 = 62,70,000 \text{ Rs} \][/tex]

2. Determine the loss by subtracting the hypothetical price from the calculated price after a 4% decrease.

[tex]\[ \text{Loss} = \text{Price after 4% decrease} - \text{Hypothetical Price} \][/tex]
[tex]\[ \text{Loss} = 63,36,000 - 62,70,000 = 66,000 \text{ Rs} \][/tex]

Result:
The loss would be Rs 66,000.

Final Answers:
(a) Growth
(b) Rs 63,36,000
(c) Rs 66,000 loss

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