Question

A TV was bought at a price of rs 21000. After one year the value of the TV was depreciated by 5% ( depreciation means reduction of value due to use and age of the item). Find the value of the TV after one year.

Answer 1

Cost price of TV = Rs 21000
Depreciation = 5% after one year

Depreciation = $\frac{5}{100} X 21000 = Rs 1050$

Value of the TV after one year = 21000 - 1050 = Rs 19950

Answer 2

21 000- 21 000*5 /100=
21 000-210*5=
21 000-1050=19 950 the new price