Question

A scooter was bought at rs.62000 its value depreciated at the rate of 12%per annum.find its value after one year

Answer 1

Solutions :-

We have,
A scooter was bought at Rs 62000
Its value depreciated at the rate of 12% per annum

Find its value after one year :-.

62000 - 12% × 62000
= 62000 - 0.12 × 62000
= 62000 - 7440
= 54560

Answer : Cost of scooter after one year = Rs 54560

Answer 2

Solutions :-

Given :
Cost Price of scooter = Rs 62000
Its value depreciated at the rate of 12% p.a

Find the cost depreciated at the rate of 12% p.a :-

= 12% of 62000
= 0.12 × 62000
= 7440

Find its value after one year :-

= Rs (62000 - 7440)
= Rs 54560

Hence,
Its value after one year = Rs 54560

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