A car worth Rs. 210000 depreciated by 10%. Find its value after one year.
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Given :-
Principal = ₹2,10,000
Rate = 10%
Time = 1 year
To Find :-
The depreciated value
Solution :-
10% of ₹210000
= ₹ 21000
Since the value is depreciated for only one year.
Therefore,
Depreciated value = ₹2,10,000 - ₹21,000
= 1,89,000
Therefore, depreciated value is 1,89,000
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