Question

if the initial price of an article Is Rs P and annual rate of depreciation is R%, then write the formula to find the price after T years.​

Answer 1

Answer:

If the initial price of an article is rs.p and annual rate of depreciation is R %, then write the formula to find the price after T years

Answer 2

The value of the article is depreciating can be formulated by,

$Amount= P(1-\frac{R}{100})^T$

P= Initial Amount

R= Rate of interest

T= Time in years

Given: The initial price of an article Is Rs P and the annual rate of depreciation is R%.

Using the formula of compound interest,

$Price= P(1-\frac{R}{100})^T$

P = Initial Price of the article

R = Rate of interest

T = Time in years