Q2 of 48 Page 118

A TV was bought at a price of Rs. 21000. After 1 year the value of the TV was depreciated by 5% (Depreciation means reduction of the value due to use and age of the item). Find the value of the TV after 1 year.

Cost price of TV = Rs. 21000

Depreciation = 5%


Depreciation after 1 year = 5% of 21000



∴ Depreciation after 1 year = Rs. 1050


Value of TV after 1 year = cost price – depreciation


= 21000 – 1050


= Rs. 19950


∴The value of TV after 1 year is Rs. 19,950


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