Question

A foruwheeler was bought at Rs. 2,10,000 . It's value depreciated at the rate of 8%

per annum. Find it's value after one year​

Answer 1

We have, V

o

= Initial value =Rs. 42000

R= Rate of depreciation =8% p.a

∴ Value after 1 year =V

o

(1−

100

R

)

=Rs.[42000×(1−

100

8

)]

=Rs.(42000×

100

92

)=Rs.38640