Question

a car was purchased for rs.2,88,000 in 2008 the rate of depreciation is 15% per annum find out the cost of the car at the end of 2010

Answer 1

Answer : $\bold{Rs \: 2,08,080}$


$\bold{Explanation}$

Given:

Cost Price = Rs 2,88,000

Percentage of Depreciation = 15 % per annum.


Finding Cost Price For the year 2009 -

2,88,000 x 15/100 = 43,200

2,88,000 - 43,200

= 2,44,800.



Finding Cost Price For the year 2010 -

2,44,800 x 15/100 = 36,720

2,44,800 - 36,720

= 2,08,080


Hence :

$\bold{Cost \: of \: the \: car \: For \: the \: year \: 2010 \: = \: Rs \: 2,08,080}$