Question

A girl bought a scooty for Rs. 45,000 in 2010.
Though the price of the scooty depreciated by 10%
p.a., she still managed to sell the scooty in 2012 for
Rs. 40,000. Overall, she had an approximate
(1) 10% profit (2) 10% loss
(3) 15% profit (4) 15% loss

Answer 1

Answer is A. Because depreciation charge 2 year

Answer 2

Answer:

Approximate 10% profit

Step-by-step explanation:

Base price is 45000/-

1st year depreciation @10% means 45000-10% of 45000,

45000-4500= 40500/-

2nd year depreciation @10% means 40500-10%of40500,

40500-4050=36450/-

Girl sold the scooty for 40000/-

Therefore profit was 40000-36450=3550/-

% of profit = 3550/40000*100=8.87%