A motor cycle was bought at Rs 50000. its value depriciates at 8% p.a. find its value after 2 years.
Answers
Answered by
3
Principal =Rs 50000
depriciates rate =8%
time=2 years
amount =P(1_ R/100)t
Amount = 50000(1- 8/100)2
= 50000×92/100×92/100
amount =Rs 42320
the value after 2 years =Rs 42320
depriciates rate =8%
time=2 years
amount =P(1_ R/100)t
Amount = 50000(1- 8/100)2
= 50000×92/100×92/100
amount =Rs 42320
the value after 2 years =Rs 42320
Krishnagupta11:
Hey my friend tell me my answer is right or wrong
correct
crt
Answered by
0
Given, Principle = 50,000
Rate of interest = -8%
Number of compoundings = 2
A = P ( 1 + R/100)^n.
A = 50,000(1 -8/100)²
A = 42320 Rs
The value of motor cycle after 2 years is 42320 Rs.
Rate of interest = -8%
Number of compoundings = 2
A = P ( 1 + R/100)^n.
A = 50,000(1 -8/100)²
A = 42320 Rs
The value of motor cycle after 2 years is 42320 Rs.
Similar questions