Q3 of 94 Page 32

A motorcycle was bought at Rs. 50,000. The value depreciated at the rate of 8% per annum. Find the value after one year.

Motor cycle price (P) = 50,000

Rate of depreciation(R) = 8%


No. of years(n) = 1


The worth of motor cycle after 1 year =


=


= 500 (92)


= 46,000


The worth of motor cycle after 1 year is 46,000


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