Question

a scooter was bought at 42000 . its value depreciated at the rate of 8 per annum . find the value after one year

Answer 1

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Q. A scooter was bought at 42000 its value depreciated at the rate of 8 per annum find the value after one year.

Principal = cost price of sctoor = Rs. 42000

Depreciation = 8% of 42000 per year


=Rs
$\binom{42000 \times 8 \times 1}{100}$

= 3,360

value after 1 year = 42000 - 3360

Rs. 38640



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Answer 2

Answer:

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using the formula, deprecation amount A=P(1-R/100)¹

Here,P=₹42000

Rate=8%

Time=1yr

Amount= P(1-R/100)

=42000(100-8/100)

=42000×92/100

=420×92

=₹38640

Hence,the value of the scooter after one year will be ₹38640.