Example 9 - In a bank, principal increases 5%. In how many - Examples

part 2 - Example 9 - Examples - Serial order wise - Chapter 9 Class 12 Differential Equations
part 3 - Example 9 - Examples - Serial order wise - Chapter 9 Class 12 Differential Equations part 4 - Example 9 - Examples - Serial order wise - Chapter 9 Class 12 Differential Equations part 5 - Example 9 - Examples - Serial order wise - Chapter 9 Class 12 Differential Equations

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Example 9 In a bank, principal increases continuously at the rate of 5% per year. In how many years Rs 1000 double itself ?Rate of change of principal = 5% of Principal ๐’…๐‘ท/๐’…๐’• = 5% ร— P ๐‘‘๐‘ƒ/๐‘‘๐‘ก = 5/100 ร— P ๐‘‘๐‘ƒ/๐‘‘๐‘ก = 1/20 ร— P ๐’…๐’‘/๐‘ท = ๐’…๐’•/๐Ÿ๐ŸŽ Integrating both sides โˆซ1โ–’๐‘‘๐‘/๐‘ƒ = โˆซ1โ–’๐‘‘๐‘ก/20 log |๐‘ท| = ๐’•/๐Ÿ๐ŸŽ + C Removing log P = e^(๐‘ก/20 + ๐ถ) ร— ec P = e^(๐‘ก/20 + ๐ถ) ร— ec P = k๐’†^(๐’•/๐Ÿ๐ŸŽ) where k = ec Now, we have to find in how many years Rs 1000 double it self Thus, we need to find time T when Principal is Rs 2000 First let us find k At t = 0, P = 1000 Putting in (1) P = ke^(๐‘ก/20) 1000 = k๐’†^(๐ŸŽ/๐Ÿ๐ŸŽ) 1000 = k e0 1000 = k ร— 1 1000 = k So, k = 1000 Put k = 1000 in (1) P = ke^(๐‘ก/20) P = 1000 ๐’†^(๐’•/๐Ÿ๐ŸŽ) Now, we need to find time t when Principal is Rs 2000 Putting P = 2000, t = t 2000 = 1000 e^(๐‘ก/20) 2000/1000 = e^(๐‘ก/20) 2 = e^(๐‘ก/20) ๐’†^(๐’•/๐Ÿ๐ŸŽ) = 2 Taking log both sides ใ€–๐ฅ๐จ๐ ใ€—_๐’†โกใ€–๐’†^(๐’•/๐Ÿ๐ŸŽ) ใ€—=ใ€–๐ฅ๐จ๐ ใ€—_๐’†โก๐Ÿ t/20 log_๐‘’โก๐‘’=log_๐‘’โก2 " " t/20ร— 1=log_๐‘’โก2 ๐ญ=๐Ÿ๐ŸŽ ใ€–๐’๐’๐’ˆใ€—_๐’†โก๐Ÿ

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