Anuj bought a car for $R s 7, 50, 000 .$ Calculate its value after $2$ years, if the cost of the car is depreciating at the rate of $10 % p . a .$

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Solution

Cost of car is $C = 750000$
Cost depreciated is $D = \frac{750000 \times 10 \times 2}{100} = 150000$
Cost of car after $2$ years is $C - D = 750000 - 150000 = 6, 00, 000$

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Anuj bought a car for Rs7,50,000. Calculate its value after 2 years, if the cost of the car is depreciating at the rate of 10%p.a.

Cost of car is C=750000Cost depreciated is D=750000×10×2100=150000Cost of car after 2 years is C−D=750000−150000=6,00,000

Anuj bought a car for $R s 7, 50, 000 .$ Calculate its value after $2$ years, if the cost of the car is depreciating at the rate of $10 % p . a .$

Cost of car is $C = 750000$
Cost depreciated is $D = \frac{750000 \times 10 \times 2}{100} = 150000$
Cost of car after $2$ years is $C - D = 750000 - 150000 = 6, 00, 000$