Question

A sofa set was bought for Rs. 10,000. Its value is deprecated at the rate of 10% p.a. Find ots value after 2 years.
a) Rs. 8100
b) Rs. 1900
c) Rs. 1000
d) Nine of these​

Answer 1

Answer:

after 1 year it will reduce by 10%,

10% of 10000 is 1000

so after one yr its value is

10000 - 1000

=9000

second yr again it will reduce by 10%

10% of 9000 is 900

so after 2 yrs its value is

9000 - 900

= 8100

∴ a) 8100 Rs