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A scooter was bought at Rs.42,000 …

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A scooter was bought at Rs.42,000 . It value depreciat at the rate of 8% per annum . Find it value after one year

Posted by K Durgesh 6 years, 2 months ago

CBSE > Class 08 > Mathematics

1 answers

Yogita Ingle 6 years, 2 months ago

Given:

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

Amount (A) = P(1-R/100)^n

[Value depreciated]

A= 42000(1-8/100)¹

A=42000(1-2/25)

A= (42000×23)/25

A= 1680× 23

A= ₹ 38640

Hence, the value of the scooter after one year = ₹ 38640.

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