A scooty was bought at rs 42000.its value depreciated at the rate of 8% per annum. Find the value after one year.
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Given:
principal = 42,000
Rate of depreciation = 8% p.a
To Find:
- value after one month
Solution:
∴ reduction = 8% of Rs 42,000 per year
⠀⠀⠀
∴ value at the end of 1 year
⠀⠀⠀
Hence:
- value after one month is
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hope it helps u dear.
thnx.
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