Sonika bought land for RS 5,50,000 the value of the land depreciates at the rate of 5% every six month what is the value of the land after 2 years?
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447978 is the answer
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original value of the land = ₹5,50,000
rate of depreciation = 5%
after 6 months
____________
value of land = 5,50,000 - 5% of 5,50,000
= ₹522500
after 1 year
___________
value of land = 522500 - 5% of 522500
= ₹496375
after 1yr and 6 months
__________________
value of land = 496375 - 5% of 496375
= ₹471556.25
after 2 years
___________
value of land = 471556.25 - 5% of 471556.25
= ₹447978 ( approx)
Answer: value of land=₹447978
rate of depreciation = 5%
after 6 months
____________
value of land = 5,50,000 - 5% of 5,50,000
= ₹522500
after 1 year
___________
value of land = 522500 - 5% of 522500
= ₹496375
after 1yr and 6 months
__________________
value of land = 496375 - 5% of 496375
= ₹471556.25
after 2 years
___________
value of land = 471556.25 - 5% of 471556.25
= ₹447978 ( approx)
Answer: value of land=₹447978
shivamkushwaha6241:
which class you read
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