the cost of two wheeler gets appreciated at the rate of 2% ,every year and the cost of a four-wheeler depreciates at the rate of 5% every year.what will be the cost be of the present value is 40,000 and 4,50,000 respectively.
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Solution
Cost of Two wheeler
40,000 + 2% = 800
40,000+800=40,800
Cost of four wheeler
4,50,000 - 5% = 22,500
4,50,000-22,500= 4,27,500
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0
Answer:
40,800.,, 4,27,500
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