Pak Edi has 2 motorbikes, each aged 2 years and 3 years. The initial price of the two motorcycles is as big as Rp. 16,000. The selling price of each motorcycle becomes 75% of the previous year's selling price. If the two motorbikes are sold, the total selling price is equal to ...
Answers
Known :
- Motor I = 2 years
- Motor II = 3 years
- Initial Price = Rp. 16,000,000 / motorbike
- Selling Price = 75% from the previous year
- Selling Price = 75/100 = 3/4 of the previous year.
Asked:
If the two motorbikes are sold, the total selling price is equal to
Settlement:
Selling price of motorbike I (2 years)
We are looking for it gradually, first we look for motorcycle prices after 1 year. Then we look for motorbike prices after 2 years by 75% times the motorbike price after 1 year.
HJ = Selling price after 1 year
HJ = 75% x Rp. 16,000,000
HJ = 3/4 x Rp. 16,000,000
HJ = 3 x Rp. 4,000,000
HJ = Rp. 12,000,000
HJ = Selling price after 2 years
HJ = 75% x Rp 12,000,000
HJ = 3/4 x Rp 12,000,000
HJ = 3 x Rp 3,000,000
HJ = IDR 9,000,000
Selling price of motorbike II (3 yrs)
Next we look for the price of a 3-year motorbike.
HJ = 75% x 2 year selling price
HJ = 3/4 x Rp. 9,000
HJ = 3 x Rp 2,250,000
HJ = IDR 6,750,000
The final resolution is to sum up the 2-year motorcycle price with a 3-year motorcycle as the Total Selling Price.
Total Selling Price
= 2-year motorbike + 3-year motorbike
= IDR 9,000,000 + IDR 6,750,000
= Rp. 15,750,000
So, the total price if the two motorbikes are sold is IDR 15,750,000