Question

A scooter was bought at rs 42000 its value depreciated at rate of 8% p.a find the value after 1 year

please answer full explanation

Answer 1

Given :-

Principal = ₹42000

Rate of depreciation = 8%

Time = 1 year

To Find :-

The depreciated value after a year

Solution :-

Total depreciation = 8% of ₹42000

$=\: {\sf{\dfrac{8}{100}}}\: \times\: 42000$

$=\: {\sf{8 \times 420}}$

= 3360

The total depreciation is ₹3,360

Value after 1 year = ₹(42000 - 3360)

= ₹ 38640

Therefore it's value after 1 year is ₹ 38,640

Answer 2

$\huge{\boxed{\rm{\red{Question}}}}$

A scooter was bought at Rupees 42,000. It's value depreciated at rate of 8% P.A. Find the value after 1 year.

$\huge{\boxed{\rm{\red{Answer}}}}$

$\large{\boxed{\boxed{\sf{Given \: that}}}}$

• Principal = Rupees 42000.

• Depreciated's rate = 8 percent Per Annum.

• Time = 1 year.

$\large{\boxed{\boxed{\sf{To \: find}}}}$

• The Depreciated value after 1 year.

$\large{\boxed{\boxed{\sf{Solution}}}}$

• The Depreciated value after 1 year = Rupees 38640.

$\large{\boxed{\boxed{\sf{What \: the \: question \: says}}}}$

$\large{\boxed{\boxed{\sf{Let's \: understand \: the \: concept \: 1st}}}}$

• This question says that a scooter was bought at Rupees 42000. After that it's value depreciated at rate of 8% P.A. Afterwards it ask to find the value of deprecated rate after 1 year.

$\large{\boxed{\boxed{\sf{How \: to \: solve \: this \: question}}}}$

$\large{\boxed{\boxed{\sf{Let's \: see \: the \: procedure}}}}$

• Firstly, we know that percentage means 1 / 100. So, let's carry on as the value is given 8% . 8% means 8/100 then we write it as 8/100 after that we have to multiply 8/100 by 42000 . Afterwards we get a solution 3360 rupees. Now we have to subtract Principal - Total depreciation. After that we get our final result :)

$\large{\boxed{\boxed{\sf{Full \: solution}}}}$

Total depreciation = 8 % of Rupees 42000

Total depreciation = 8/100 × 42000 Rupees

Total depreciation = 8 × 420 Rupees

Total depreciation = 3360 Rupees

Hence, the total depreciation is Rupees 3360.

Value after a year = Rupees ( Principal - Total depreciation )

Value after a year = ( 42000 - 3360 ) Rupees.

Value after a year = 38,640 Ruppes

Hope it's helpful

Thank you :)