Question

The cost of vehicle is rupees 60000 if its value depreciated @ 20% per annum then the total depreciation after 3 years will be​

Answer 1

Answer:

s.i=p*r*t/100

60000*20*3/100

600*20*3=36000

Answer 2

Solution:-

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Here, the question has given us the principal, the rate of depreciation and time of depreciation and has asked us to find the total depreciation amount of the vehicle after three years. So we will apply the formula of depreciation here and after solving, the digits which we will get it will be the total depreciation amount of that vehicle after 3 years.

ANSWER:-

• The total depreciation amount of the vehicle after 3 years will be of Rs 30720.

GIVEN:-

• Cost of the vehicle (Principal) = Rs 60,000
• Rate of depreciation = 20% per annum
• Time of depreciation = 3 years

TO FIND:-

• Total depreciation after 3 years = ?

FORMULA:-

$\tt\bigstar{Formula\:of\:Depreciation = P\bigg[1- \bigg( \dfrac{R}{100}\bigg)\bigg]^{t}}$

SOLVING BY APPLYING THE FORMULA:-

• Principal = 60,000
• Rate of depreciation = 20% per annum
• Time of depreciation = 3 years

$\tt\dashrightarrow{Formula\:of\:Depreciation = P\bigg[1 - \bigg(\dfrac{R}{100}\bigg)\bigg]^{t}}$

⚩ Depreciation amount = 60,000 [1 - (R / 100)]³

⚩ Take LCM

⚩ LCM = 100

⚩ Depreciation amount = 60,000 [(100 - 20) / 100)]³

⚩ Depreciation amount = 60,000 (80 / 100)³

⚩ Depreciation amount = 60,000 × (5,12,000 / 10,00,000)

⚩ Depreciation amount = 60,000 × 5,12000 / 10,00,000

⚩ Cancel the zeros.

⚩ Depreciation amount = 6 × 5120 / 1

⚩ Depreciation amount = 6 × 5120

⚩ Depreciation amount = 6 × 5120 = 30720

⚩ Depreciation amount = Rs 30720

Hence, the total depreciation amount of that vehicle after 3 years will be of of Rs 30720.

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