A sofa set was bought for Rs. 10,000. Its value depreciated at the rate of 15% per annum. Find its value after 1 year.
Rs. 11,500
Rs. 9,500
Rs. 8,500
Rs. 7,500
Answers
Answered by
1
Answer:
Rs. 8,500
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Answered by
2
Step-by-step explanation:
1 Sofa =10,000
Decreasing value=10,000× 15/100
Decreasing value=1500
1 year later price = 10,000-1500
=8,500
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