in any year the value of a motorcycle depreciates by 10% of the value at the beginning of that year what is its value after two years if the purchase price was 45000
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Decreased value = P{1-R/100)^n
Value of motorcycle after 2year = 45000(1-10/100)^2
=45000(9/10)^2
=450×9×9
=36450
Hope it will be true
Answered by
8
Answer:
the depreciates value of a motorcycle =P(1-R/100) ^n
After two years, the value of motorcycle =45000(1-10/100) ^2
=45000(9/10) ^2
=450×9×9
=36450
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