A scooter was bought at 7 42,000. Its value depreciated at the rate of 8% per annum. Find its value after one year.
Answers
Given :-
A scooter was bought at Rs. 7, 42,000.
Its value depreciated at the rate of 8% per annum.
To find :-
It's value after one year.
Solution :-
Given that
The Cost Price of a scooter
= Rs. 7,42,000
The percentage of depreciation in the value of the scooter per annum = 8%
The Depreciation per annum
= 8% of the Cost Price
= 8% of 7,42,000
= 8% × 7,42,000
= (8/100)×7,42,000
= (8×7,42,000)/100
= 8×7,420
= Rs. 59,360
The value of the depreciation
= Rs. 59,360
The value of the scooter after one year
= Initial value - depreciation value
= 742000-59360
= Rs. 6,82,640
Answer :-
The value of the scooter after one year is Rs. 6,82,640 .
Answer:
682640
Step-by-step explanation:
C.P of scooter- Rs. 742000
depreciation at rate of 8% per annum = 8%of 742000
= __8__ × 742000
100
= 59360
value after one year = 742000 - 59360
= 682640