Question

1) A bicycle was bought for rupees 6000 and sold after 3 years at the rate of depreciation of 4 % per annum. find the amount for which it was sold after 3 years.
please reply fast....​

Answer 1

Answer:

Rs 6720

Step-by-step explanation:

Here

sum=p=6000

rate=r=4%

t= 3 yrs

now

s.i.=prt/100

(6000*4*3)/100

=Rs 720

now amount = interest+sum

=6000+720= Rs 6720

Answer 2

Answer: 5308.41

sold for = 6000(1- 4/100)^3

= 5308.4 (approx)