An electric fan was bought at ₹ 4200. Its value depreciated at the rate of 8% per annum. Its value after one year will be----
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SOLUTION :
Let the,
Principal/P. = Rs. 4200
Rate/R. = 8%
Time/T. = 1 year
________________________
• A = P(1-R/100) to the power n
=> A = 4200(1-8/100)
=> A = 4200*92/100
=> A = Rs. 3864 ( ANSWER )
________________________
Hope it would help you,
Have a nice day!
:D
Let the,
Principal/P. = Rs. 4200
Rate/R. = 8%
Time/T. = 1 year
________________________
• A = P(1-R/100) to the power n
=> A = 4200(1-8/100)
=> A = 4200*92/100
=> A = Rs. 3864 ( ANSWER )
________________________
Hope it would help you,
Have a nice day!
:D
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