Question

If the value of a car is depreciated by 9% of the current value annually, what will be its estimated value at the end of the years, if its current value is Rs.200000

Answer 1

Answer:

deduct 18,000 every year

Step-by-step explanation:

200,000×9%=

=200,000×9/100

=1,800,000/100

=18,000

Answer 2

Value of the car after depreciation will be 182000

Step-by-step explanation:

We have given current value of the car = 200000

Rate of annual depreciation = 9 %

Time = 1 year

We have to find the value of the car at the end of the year

Depreciated amount $=200000\times \frac{9}{100}=200000\times 0.09=18000$

So value of the car after depreciation will be 200000 - 18000 = 182000

Learn more

The value of a car depreciates annually by 10%. If the present value of the car be Rs. 650000, find its value after 2 years.​

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