Question

the of a mortor cycle 2 year ago was rs 70,000. it depreciatesat the rate of 4 % per annum the present value is
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Answer 1

Answer:

Rs.64512

Step-by-step explanation:

here's your process in the image...

Answer 2

Answer:

Step-by-step explanation:

present cost of motorcycle =70,000

depreciation percentage every year =4%

so depreciation at the end of 1st year =70,000×4/100=2800/-

then cost of motorcycle at the end of the 1st year =70,000-2800/- =67,200/-

so the depreciate amount at end of 2nd year =67,200×4/100=2688/-

so, the present value of motorcycle is = (70,000+2800+2688)/- =75,488/-

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