The price of a mobile phone is Rs.18,320 and it will reduce by 11.1% the next year. What will be the price of the mobile phone the next year?
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11.1% is the depreciation rate of the mobile
as we can see a decimal right there in the %
So,first we've to make it non decimal other than 0
for that, we've to multiply it by 10
that is
111% and for obtaining the value,divide by 10 as well
111/10
by this process we can convert it into a whole number,
and now let's find the 111/10 of 18320
and we've multiplied it with a 10,so to take it back to decimal value,put a point infront of 10s place
that is 2033.52
so,2033.52 will be depreciated next year
18320-2033.52=16,286.48
therefore the value after 2 years with depreciation is 16,286.48
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