Question

a Scooty was brought at rupees 42000 its value depreciated at the rate of 8%p.a find its value after one year

Answer 1

42000*0.08=3360
42000-3360=38640

Answer 2

Given that cost of the scooter = 42000. = > P = 42000

Given that Depreciation rate = 8% p.a.= > R = 8.

Given that n = 1 year.


We know that A = P(1 - r/100)^n

                            = 42000(1 - 8/100)^1

                            = 42000(92/100)

                            = 420 * 92

                            = 38640.


Therefore the value of scooter after 1 year = 38640 rupees.


Hope this helps!