Q12 of 28 Page 133

A scooter was bought at Rs 42,000. Its value depreciated at the rate of 8% per annum.

Find its value after one year.

Here, Principal (P) = Rs. 42,000, Rate of Interest (R) = 8%, Time, n = 1 years

Amount (A) =




= Rs. 38,640


Hence, the value of scooter after one year is Rs. 38,640.


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