Question

rahul purchased a bike for Rs.35000 and a bicycle which costs 12% the price of the bike. The values of both the bike and the bicycle depreciate by 15% per year. How much loss would he incur, if he sold both the bike and the bicycle after two years?

Answer 1

$= 2 \frac{35000}{100} \\ 12 \times 350 \\ 4200 \\ 35000 + 4200 \\ 39200 \frac{15}{100} = 5880 \\ 39200 - 5880 \\ 33320 \frac{15}{100} = 4998 \\ 33320 - 4998 = 18212 \\ 35000 - 18212 = 12788$