ICSE Class 9 Answered
A new car is purchased for Rs. 2,50,000. It's value depreciates at the rate of 10% in the first year, 8% in the second year and then 6% every year.firnd it's value after 4 years
Asked by Jainkarishma76 | 22 Sep, 2019, 02:32: AM
Expert Answer
A new car is purchased for Rs. 2,50,000.
It's value depreciates at the rate of 10% in the first year
The value after 1st year = 2,50,000 (1 - 10/100) = Rs. 2,25,000
depreciates 8% in the second year
The value after 2nd year = 2,25,000 (1 - 8/100) = Rs. 2,07,000
depreciates 6% in 3rd year
The value after 3rd year = 2,07,000 (1 - 6/100) = Rs. 1,94,580
depreciates 6% in 4th year
The value after 3rd year = 1,94,580 (1 - 6/100) = Rs. 182905.2
Answered by Sneha shidid | 22 Sep, 2019, 05:16: PM
Concept Videos
ICSE 9 - Maths
Find the rate of compound interest on rupees 4000 so that it can amount to rupees 4630.50 in 3 years
Asked by uttamasingh422 | 22 Apr, 2023, 10:04: AM
ANSWERED BY EXPERT
ICSE 9 - Maths
Asked by gamertejas57 | 27 Jun, 2022, 06:08: PM
ANSWERED BY EXPERT
ICSE 9 - Maths
Asked by krishnasangam2008 | 11 Apr, 2022, 09:06: PM
ANSWERED BY EXPERT
ICSE 9 - Maths
Asked by ritasingh2502 | 13 Jul, 2021, 12:44: PM
ANSWERED BY EXPERT
ICSE 9 - Maths
Asked by payalpshah10 | 28 Jun, 2021, 04:30: PM
ANSWERED BY EXPERT
ICSE 9 - Maths
Asked by vartikaagarwal61.9soc | 09 Jun, 2021, 08:45: PM
ANSWERED BY EXPERT
ICSE 9 - Maths
Asked by shilmesh2325 | 30 Jan, 2021, 09:35: AM
ANSWERED BY EXPERT
ICSE 9 - Maths
Asked by rishi030405 | 17 Nov, 2020, 08:56: PM
ANSWERED BY EXPERT