Math Problem Statement

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Solution

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Math Problem Analysis

Mathematical Concepts

Percentage
Proportion
Simple Interest
Depreciation
Ratios
Population Growth

Formulas

Percentage = (Part/Whole) * 100
Depreciation Formula: Value after n years = P(1 - r)^n
Simple Interest Formula: I = P * R * T
Population Growth Formula: Future Population = Present Population * (1 + growth rate)^n

Theorems

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Suitable Grade Level

Class 8