The value of a television set depreciates by 12% every year. Sanjay bought a television for Rs.25000 and sold it after 2 years.At what price did Sanjay sell the television set?
Answers
Answered by
0
Answer:
Rs.6000
Explanation:
As value depreciates per year by 12%
Therefore after two years it will be 24%
Now price at which Sanjay sell the television set
= 24% of 25000
= Rs. 6000
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Answered by
2
Answer:
Ans is 19360
Step-by-step explanation:
A=P (1-r/100)^2
= 25000 (1-12/100)^2
= 25000 (100-12/100)^2
= 25000 (88/100)^2
= 25000 x 88/100 x 88/100
= 19360
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