Question

A sofa set was bought for Rs. 10,000. Its value depreciated at the rate of 10% per annum. Find its value after 1 year. *​

Answer 1

Answer:

1sofa =10000

decreasing value = 10000×10/100

" " =1000

1 year later price =10000-1000

" " =9000

Answer 2

Given,

Purchasing price of sofa set = Rs. 10000

Value decreases at the rate of 10% per annum.

To find,

The value of sofa set after 1 year.

Solution,

We can simply solve this mathematical problem by using the following mathematical process.

First of all, we have to calculate the decrease amount in one year after the purchase.

Decrease amount in one year = 10000 × 10/100 = Rs. 1000

Price after one year :

= Initial purchase price - Decrease amount (in one year)

= 10000 - 1000

= Rs. 9000

[This will be the value of the sofa by getting a value decrease of 10% per annum, after one year of the inital purchase.]

Hence, the value of the sofa after one year will be Rs. 9000