A scooter was bought at ₹50,000.its value depreciated at the rate of 8% per annum. find its value after two years.
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Answered by
1
Answer:
Given
cost of motorcycle =RS 50,000
ratio depreciates of value = 8%
Time = 1 year.
The Interest of bike =
100
PRT
=
100
50,000×8×1
Interest of bike = 4000 RS.
∴ cost of bike after 1 year = initial cost -4000
=50,000-4000
cost of bike after 1 year = RS 46,000.
Answered by
1
Explanation:
Given
cost of motorcycle =RS 50,000
ratio depreciates of value = 8%
Time = 1 year.
The Interest of bike =
100
PRT
=
100
50,000×8×1
Interest of bike = 4000 RS.
∴ cost of bike after 1 year = initial cost -4000
=50,000-4000
cost of bike after 1 year = RS 46,000.
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