Rahul bought a car Rs. 4 lakhs in 2018. The rate of
depreciation is 10% per year. Find the depreciation
value of the car in the vear 2020?
Solution P = 4,00,000 R - 10%, N-
A-PC (Formula)
On substituting the values of N, and R solving we get
A = 4,00,000 x
-4000 XC
- Rs.
Depreciation in price - Cost price - A
Rs.
Answers
Answer:
present rate of car in 2018 is 400000₹
value of car in 2020 is =400000-400000×20% =400000-80000=320000₹
Given : Rahul bought a car Rs. 4 lakhs in 2018.
The rate of depreciation is 10% per year
To Find : depreciated value of the car in the vear 2020
Solution:
bought a car Rs. 4 lakhs in 2018.
Rate of depreciation is 10% per year
depreciated value of the car in the vear 2019 = 4 - (10/100)4
= 4 - 0.4
= 3.6 lakhs
depreciated value of the car in the vear 2020 = 3.6 - (10/100)3.6
= 3.6 - 0.36
= 3.24 lakhs
depreciated value of the car in the vear 2020 = 3.24 lakhs
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