Question

The value of a flat worth rs.500000 is depreciating at the rate of 10% p.A. In how many years will its value be reduced to rs.364500?

Answer 1

SOLUTION

Formula

A= P(1-r/100)^n {because reducing}

=) 364500= 500000(1-10/100)^n

=) 364500/500000= (9/10)^n

=) (9/10)^3 = (9/10)^n

=) n= 3 years

hope it helps ☺️⬆️

Answer 2

Its value will be reduced to rs.364500 is 3 years .

Step-by-step explanation:

Original value of flat = Rs.500000

Rate of depreciation = 10%

Present value = Rs.364500

We are supposed to find In how many years will its value be reduced to rs.364500

So,$364500=500000(1-\frac{10}{100})^t$

$\frac{364500}{500000}=(1-\frac{10}{100})^t$

$\frac{364500}{500000}=(\frac{90}{100})^t$

$\frac{729}{1000}=(\frac{9}{10})^t$

$(\frac{9}{10})^3=(\frac{9}{10})^t$

So, t = 3

Hence Its value will be 3 years

#Learn more:

The value of a flat worth rs.500000 is depreciating at the rate of 10% p.A. In how many years will its value be reduced to rs.364500?

https://brainly.in/question/14468644