Question

(4) 15,970
The value of a car is 2,56,000. If the value depreciates at 2.5% p.a., what will be
its value after 3 years?
(1) * 2,15,000 (2) * 2,27,278 (3) *2,37,270 (4) * 2,37,276​

Answer 1

Answer:

4

Step-by-step explanation:

First year:

Car Value Rs 256000

Depreciation 2.5% (256000*2.5%=6400)

Value (after depreciation) = Rs 249600* (256000-6400)

Second year:

Car Value Rs 249600*

Depreciation 2.5% (249600*2.5%=6240)

Value (after depreciation) = Rs 243360* (249600-6240)

Third year:

Car Value Rs 243360*

Depreciation 2.5% (243360*2.5%=6084)

Value (after depreciation) = Rs 237276* (243360-6084)

Car value after 3 years Rs 237276*