Question

Ramu bought a T.V. for Rs.30,000. The
value of T.V. depreciates at the rate of
10% per annum, and then finds cost of
T.V. after two years.​

Answer 1

Step-by-step explanation:

Price of T.V. = ₹ 30,000

Rate of depreciation = 10% p.a.

Time = 2 years

Final cost of the TV set = ₹30,000(1 - 10/100)²

= ₹ 30000 × 9/10 × 9/10 = ₹ 24,300