Question

a washing machine was bought for Rs.75000 . its value depreciated by 12% p.a. Find it's value after 2 years ?
​

Answer 1

Answer:

Given,

P= 75000

R = 12% p.a

T(n) = 2years

Therefore,

S.I = 75000*12*3/100

= 27000

Amount= 75000– 27000

= 48000