Question

A computer is purchased for Rs. 50,000. It is estimated to depreciate at 10% per annum every year. Find its scrap value at the end of 12 years.

Answer 1

Answer:

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Step-by-step explanation:

GIVEN -

Price of computer - 50000

Depreciate per year - 10%

Here we will use the formula of SI to answer the question.

Formula -

$si = \frac{principal \times rate \times time}{100}$

principal = 50000

Rate = 10%

Time = 12 years

$si = \frac{50000 \times 10 \times 12}{100}$

SI = 60000

means 50000 - 60000 = rs.- 10000

it's scap value after 12 years will be in negative...

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