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Answer:
₹ 8100
Step-by-step explanation:
Given:
Present price of refrigerator = ₹9000/-
Rate = 5% per yr
Time = 2 years
Formula:
Amount depreciates =
CP = cost price
Solution:
Amount depreciates = 9000 * 5 * 2/100
Amount depreciates = ₹900
So,
At the end of 2 years, The price of refrigerator = 9000 - 900
The price of refrigerator = ₹8100 /-
Hope it helps
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