Question

A man bought a car for Rs. 420000. It's value depreciated at the rate of 8% p.a. find the value of the car after one year.​

Answer 1

$\large{\red{\mathfrak{\underline{Your~Answer:}}}}$

✿ P = Rs. 420000

✿ Depreciation Rate = 8%

✿ Rate = (100 - DR) = (100 - 8) = 92%

Amount After One Year :

$\rightarrow{420000 × {92\%}}$

$\rightarrow{420000 × {\frac{92}{100}}}$

$\rightarrow{4200 × 92}$

$\large{\rightarrow{Rs.3,86,400}}$

Answer 2

Answer:

Rs 386400

Step-by-step explanation:

Value of the car = Rs 420000

Depreciation per year

= 8% of Rs 420000

= 0.08 x 420000

= Rs 33600

Value of the car after 1 year

= Rs 420000 - Rs 33600

= Rs 386400

Answer: The value of the car after 1 year is Rs 386400.