Question

The cost of a generator is ₹ 1,60,000. If its value depreciates at the rate of 5% per annum, what will be
its value after: (a) 2 years (b) 3 years​

Answer 1

Answer:

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Answer 2

a) 144000

b)136,000

explanation :- 1% of the generator costs is 160000/100=1600

then 5% will be 1600×5= 8000in one year depreciates

in two year 8000×2=16000,

rate depreciate 160000-16000= 144000in two year

in three year 8000×3 =24000

rate depreciate 160000-24000=136000