Question

madhu bought a house for 13125000 if its value depreciates at the rate of 10 per annum what will be its sale price after 3 years

Answer 1

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Answer 2

Answer:

$\red { Selling \:price \: after \: 3\: years} \green {= 9568125}$

Step-by-step explanation:

$Cost \:price (c.p) \:of\: the \: house = Rs13125000$

$Rate \:of \: depreciation (d) = 10\% \:per\: annum$

$Time (T) = 3\: years$

$Number \: times \: depreciated = n$

$Selling \:price \: after \: 3\: years \\= c.p\left(1 -\frac{r}{100}\right)^{n} \\= 13125000\left(1 - \frac{10}{100}\right)^{3} \\= 13125000\left(\frac{100-10}{100}\right)^{3}\\= 13125000\times \left(\frac{90}{100}\right)^{3}\\= 13125000 \times \frac{9}{10}\times \frac{9}{10}\times \frac{9}{10}\\= 9568125$

Therefore.,

$\red { Selling \:price \: after \: 3\: years} \green {= 9568125}$

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