Question

Kalyan purchased a Maruti van for Rs. 1,96,000 and the rate of depreciation is 14(2/7) % per annum. Find the value of the van after two years ?
A) Rs. 1,24,000
B) Rs. 1,44,000
C) Rs. 1,32,000
D) Rs. 1,62,000

Answer 1

Q:

Kalyan purchased a Maruti van for Rs. 1,96,000 and the rate of depreciation is 14(2/7) % per annum. Find the value of the van after two years ?

A) Rs. 1,24,000B) Rs. 1,44,000C) Rs. 1,32,000D) Rs. 1,62,000

Answer:   B) Rs. 1,44,000 

Explanation:

Value of Maruti Van, V1 = Rs. 1,96,000
Rate of depreciation, r = 14(2/7)% = 100/7%; Time, t = 2 years
Let V2 is the value after depreciation.

V2 = V1(1 - (r100))t
V2 = 19600[1 - (1007100)]2

V2 = 196000(6/7)(6/7)

V2 = (196000x36)/49 = Rs. 1,44,000

Answer 2

Heya mate
The answer of ur question is in pic



Answer - Option ( B )



hope it helps