Question

a refrigerator is purchased for Rs 35000 ist value depreciates at 5% p.a. what will its value be after 1 year ?​

Answer 1

Answer:

The value of the refrigerator after one year is Rs.33250

Step-by-step explanation:

The refrigerator is purchased for Rs. 35000.

The value depreciates at the rate of 5% per annum. That is, after one year the value reduces by 5%. So we have to find what is 5% of 35000 rupees.

$\implies \dfrac{5}{100}\times 35000= 1750$

So the value depreciates by Rs. 1750 in the first year.

Thus the value of the refrigerator after one year is,

$\implies 35000-1750=33250$

The value is Rs. 33250

Answer 2

TIP :

• In this questions we must apply

• A = P * (1 + r/n) ^ (nt)

EXPLANATION :

Given :

• Present value (P) = Rs 35000

• Rate of depreciation (r) = 5% p.a.

• Period (n) = 1 years

As we know that,

• A = P * (1 + r/n) ^ (nt)

Now, put the values in it, :

• = 35000 × 5 /100 = 1750

So the total depreciation

• = 35000 - 1750 = 33250

FINAL Answer :

• Hence, the required total depreciation = rs 33250