Question

a bicycle was bought at rs 8,500 .Its value depreciated at the rate of 4% per annum. find its value after one year​

Answer 1

Answer:

$= \frac{p \times r \times n}{100} \\ p = 8500 \\ r = 4\% \\ n = 1 \\ \\ = \frac{8500 \times 4 \times 1}{100} \\ = 85 \times 4 \times 1 \\ = 340 \times 1 \\ = 340 + 8500 \\ = 8840$

So, the value of bicycle after one year is 8840.

Step-by-step explanation:

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