A TV was bought at a price of Rs 21000 after 1 year the value of the TV was depreciated by 5% find the value of the TV after 1 year
siddhantsingh20:
this is solved by the simple interest FORMULA. SI -- CP × RATE × TIME / 100
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13
Cost price of tv is = 21000
After one year value decreased by 5%
So ATQ
Current value = C.P -5%of C.P
=21000 -5/100×21000
=19950
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