The cost of a refrigerator is $R s . 9000$ . Its value depreciates at the rate of $5 %$ every year. The total depreciation in its value at the end of $2$ years $877.5$

True

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

False

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A True
Cost Price $= 9000$ , R $= 5 %$
Depreciation $= \frac{R}{100} \times C P$
After $1$ year
Depriciation $= \frac{5}{100} \times 9000$
$= 450$
After $2$ years
Depreciation $= \frac{5}{100} \times 8550$
$= 427.5$
Total Depreciation $= 450 + 427.5 = 877.5$
Hence the statement is True.

Suggest Corrections

Similar questions

The cost of a refrigerator is ₹9000. Its value depriciates at the rat of 5% every year . find the total depreciation in its value at the end of 2 years

Q. The cost of a machine is Rs. 32,000. Its value depreciates at the rate of 5% every year. Find the total deprication in its value by the end of 2 years.

Q. The cost of a refrigerator depreciates at the rate of

10 %

every year. If its present worth is ₹ 14000, find the purchase value of the refrigerator brought 2 years before.

Q. An emergency lamp costs Rs. 1100. Every year, its value depreciates by 10%. What is its value at the end of 3 years?

The cost of a car purchased 2 years ago, depreciates at the rate of $20 %$ every year. If its present worth is Rs.315600, find its value after 4 years of purchase.

Join BYJU'S Learning Program

The cost of a refrigerator is Rs.9000. Its value depreciates at the rate of 5% every year. The total depreciation in its value at the end of 2 years 877.5

The correct option is A TrueCost Price=9000 , R=5%Depreciation=R100×CPAfter 1 yearDepriciation=5100×9000 =450After 2 yearsDepreciation=5100×8550 =427.5Total Depreciation =450+427.5=877.5Hence the statement is True.

The cost of a refrigerator is $R s . 9000$ . Its value depreciates at the rate of $5 %$ every year. The total depreciation in its value at the end of $2$ years $877.5$