Question

12. A scooter was bought at ₹ 42,000. Its value depreciated at the rate of 8% per annum. Find its value after one year.

Answer 1

principal = Rs . 42000

rate of interest = 8%

time = 1 year

amount (p-1/100)3

42000(1-8/100)1

42000(1+2/25)1

42000(27/25)1

42000 x 27 / 25

38640

so the value of scooter after 1 year is 31680Rs

Answer 2

Answer:

QUESTION

A scooter was bought at ₹ 42,000. Its value depreciated at the rate of 8% per annum. Find its value after one year.

Answer

Refer to the attachment ..