a motorcycle is bought at 160000.Its value depriciates at the rate of 10% per annum. find its value after two years
Answers
Answered by
61
Answer:
- Motorcycle is bought at 160000
- Rate = 10%
- Its value after two years
Value of motorcycle after 2 years:-
Therefore,
- Value of motorcycle after 2 years = Rs.129600
Answered by
37
Given:
- A motorcycle is bought at 160000. Its value depriciates at the rate of 10% per annum.
To Find:
- It's value after two years
Solution:
- Depreciated means value is decreased.
We know that,
★A = P × ( 1 - R )/ 100^n
Here,
- P = ₹ 160000
- R = -10% P.A
- N = 2 years
Putting the values in formula:
→A = 160000 × ( 1 - 10 )/ 100^2
→A = 160000 × ( 9 )/ 100^2
→A = 160000 × 81/ 100
→A =129600
∴Value of motorcycle after two years is Rs.129600.
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