a vehicle value is 200000 in 2011 and faces depreciation of 15% in 2010 it faces in appreciation of 7% and for next two years it faces depreciation of 10%.what is the final value of car?
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Answered by
6
Step-by-step explanation:
Case 1. depreciation of 15%
- The starting value is Rs. 200000
- After depreciation of 15%, the value becomes
- Rs. 200000 × (1 - 15/100)
- = Rs. 170000
Case 2. appreciation of 7%
- The starting value is Rs. 170000
- After appreciation of 7%, the value becomes
- Rs. 170000 × (1 + 7/100)
- = Rs. 181900
Case 3. depreciation of 10%
- The starting value is Rs. 181900
- After depreciation of 10%, the value becomes
- Rs. 181900 × (1 - 10/100)
- = Rs. 163710
Case 4. depreciation of 10%
- The starting value is Rs. 163710
- After depreciation or 10%, the value becomes
- Rs. 163710 × (1 - 10/100)
- = Rs. 147339
Answer:
The final value of the car is Rs. 147339.
Answered by
3
Step-by-step explanation:
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