Question

A TV was bought at a price of Rs. 21,000. After one year the value of the TV was depreciated by 5%. (Depreciation means reduction of value due to use and age of the item). Find the value of the TV after one year.

• A. 19,750
• B. 17,950
• C. 19,950
• D. 19,000

Answer 1

The correct option is C 19,950

After Depreciation price will be reduced as

$21,000-\frac{5}{100}\ast 21,000=21000\ast \frac{95}{100}=19,950$