the Cost of a new television set is Rs.22000.it's value depreciates every year at the rate of 20% what will be depreciated price after two years?
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Answered by
6
Let the depreciate price be =X
therefore,the in next 2 yrs price be 20℅ of X = Rs22000
20\100x= 22000
X =22000×100\20
X= 110000
therefore, the depreciated price in 1 years be =Rs110000 and in 2nd year =Rs220000
Answered by
14
Answer:
so per year it depreciates at 20%,
1st year=22000-4400=17600 rupees
2nd year=17600-3520=14080 rupees
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