A bicycle costs Rs. 4500. its value decreases 15% every year due to usage. What will be the priceafter a year?
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Cost of the bicycle : 4500
% decreased by = 15%
Depreciation : ?
Cost of the bicycle : ?
Solution :
Depreciation = 4500*15/100
=675
So the depreciation is 675
Cost of the bicycle = Total cost the cycle - depreciation
=4500-675
3825 .
Hence the cost the bicycle after 1 year is 3,825 Rs
% decreased by = 15%
Depreciation : ?
Cost of the bicycle : ?
Solution :
Depreciation = 4500*15/100
=675
So the depreciation is 675
Cost of the bicycle = Total cost the cycle - depreciation
=4500-675
3825 .
Hence the cost the bicycle after 1 year is 3,825 Rs
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