MHT CET 2024 Mathematics question
The assets of a person are reduced in his business such that the rate of reduction is proportional to the square root of the existing assets. If the assets were initially Rs10,00,000 and due to loss they reduce to Rs10,000 after 3 years, then the number of years required for the person to go bankrupt will be
Answer: (A)
Solution
Let the assets be at time (years). Then with . Separating: . At , : . At , : . Bankruptcy means : $0=2000-600t⇒
See the full step-by-step solution
Create a free account to read the complete working, and practise questions like this in a timed test.
Create a free account