Question

A scooter bought for 45000Rs its value depreciated at the rate of 8°/. Per annum. Find the price of scooter after 1 year. ​

Answer 1

Answer:

We have, V

o

= Initial value =Rs. 42000

R= Rate of depreciation =8% p.a

∴ Value after 1 year =V

o

(1−

100

R

)

=Rs.[42000×(1−

100

8

)]

=Rs.(42000×

100

92

)=Rs.38640

Answer 2

Answer:

Rs.38640

Step-by-step explanation:

scooter bought price ( p) ----------> 45000 Rs

rate of 8% depreciated (R) -------->8

year (n) --------------> 1

formula :

 

price of scooter after one year = p (1-r/100) ^n

                                                     = 45000 (1-8/100) ^1

                                                     = 45000 *92/100

                                                     = 38640 Rs