Question

a man purchased a bus for rupees 16 00000 on a profit of rupees 210000 in three years if he sold it after three years is at 5% compound depreciation is loss is​

Answer 1

Answer:

According to straight line method, the amount of yearl -depreciation is calculated as follows:

Depreciation = (Cost of asset - Scrap value) / Estimated life and,

Depreciation = Rs. ( 50000 - 10000 ) / 10

Depreciation = Rs. 4000

Depreciation rate = (Depreciation expense / Cost of asset) * 100

Depreciation rate = (Rs. 4000 / Rs. 50000 ) * 100

Depreciation rate = 8%

Answer 2

Answer:

Required loss is 18200 rupees.

Step-by-step explanation:

Given,a man purchased a bus for rupees 1600000

For this he gained profit 210000 rupees.

Now we want to find if he sold the bus after three years is at 5% compound depreciation,what will be the loss?

By compound depreciation formula,

We know

Compound interest $= p {(1 - \frac{r}{100}) }^{t}$

Where p is principal and r is rate of interest and t is time.

Here

$p = 1600000 \: rupees \\ r = 5\% \\ t = 3 \: years$

So, Compound interest

$= 1600000 {(1 - \frac{5}{100}) }^{3} \\ = 1600000 \times { (\frac{95}{100}) }^{3} \\ = 1600000 \times (\frac{19}{20} )^{3} \\ = 1371800 \: rupees$

Now when the man purchased the bus ,he gained the profit 210000 rupees on 1600000 rupees.

So, actual price

$= 1600000 - 210000 \\ = 1390000 \: \: rupees$

Therefore required loss

$= 1390000 - 1371800 \\ = 18200 \: \: rupees$

Know more about Compound interest,

1) https://brainly.in/question/1950647

2)https://brainly.in/question/11735147