Question

Sunil purchased TV for 30000 and its values depreciating at the rate of 25% per year find the value of the TV after 3 years

Answer 1

Answer:

The value after 3 years is rupees 12656.25

Step-by-step explanation

Initial cost:30000

rate of depreciating:25%

value at first year : 30000 - (30000÷100)×25

=22500

value at second year : 22500 - (22500÷100)×25

=16875

value at third year:16875 - (16875÷100)×25

12656.25

Answer 2

Answer:

12657

Step-by-step explanation:

30000-7500(25% on 30000)=22500

22500-5625(25% on 22500)=16875

16875-4218(25% on 16875)=12657