Question

A student purchased a pen for rs 100 at the end of 8 years it valued rs

Answer 1

Given: The full question is: A student purchased a pen for Rs 100. At the end of 8 years it was valued at Rs 20 Assuming the yearly depreciation is a constant amount.

To find: The annual depreciation?

Solution:

• Now we have given the price of pen as Rs 100, and at the end of 8 years it was valued at Rs 20.

• So the cost price of the pen is : Rs 100

• After 8 years, the value of the pen is : Rs 20

• Now we have given that the yearly depreciation is a constant amount.

• So annual depreciation will be:

             100 - 20 / 8

             80 / 8

             Rs 10

Answer:

          The annual depreciation is Rs 10.