Question

Ankur purchased a motorcycle for 48000. If the
cost of the motorcycle is depreciating at the rate of
5% per annum, calculate is cost after 2
years​

Answer 1

Answer:

the answer is 43,320 rupees

Step-by-step explanation:

amount = p*(1-r/100)^2 as it is two years we have two in power.

p is 48000

r is 5%

48000*(1-5/100)

48000*95/100*95/100

24*19*95

43320