Question

a new computer cost ₹ 60000. the depreciation of computer is very high as new models with better technological advantages are coming into the market. if the depreciation is as high as 40% every year, find the worth of the computer after two years?

Answer 1

v=v(1+r/)n
=60000(1+40/100)n =60000(7/5)=60000×5/7= 300000/7=4800