Question

A motorbike costs Rs71000 in July 2002 it value depreciates by 10% per annum. Find its value after 6 years

Answer 1

Answer:

28400 rupees.

Step-by-step explanation:

cost of motorbike = 71000

percentage of value depreciation per year = 10%

decrease in value after 6 years = 10% of 71000*6.

                                                     = 7100*6 = 42600 rupees.

the value of motorbike after 6 years = 71000-42600.

                                                             = 28400 rupees.