Question

1. the cost of a generator is rs 1,60.000. if its value depciates at the rate of 5% per annum, what will be its value after:
a. 2years-
b. 3years-

Answer 1

Given :

Cost of the generator = 1.60.000

depreciation = 5% per year

a) After 2 years -

1,60,000 x 5/100 = 8000

1,60,000 - 8000 = 1,52,000

1,52,000 x 5/100 = 7600

1,52,000 - 7600 = 1,44,400.

The price of generator After two years = 1,44,400.

b) After 3 years -

we know after two years price is = 1,44,400

Finding for last year

1,44,400 = 5/100 = 7220

1,44,400 - 7220 = 1,37,180.


Hence :

After 2 years = Rs 1,44,400

After 3 years = Rs 1,37,180.