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The Value of a 'Honda' Bike Depreciated by 16% in the First Year and by 13% in the Second Year. Find the Value of the Bike If It Depreciated by Rs 7,098 in the Second Year. - Mathematics

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प्रश्न

The value of a 'Honda' bike depreciated by 16% in the first year and by 13% in the second year. Find the value of the bike if it depreciated by Rs 7,098 in the second year.

योग
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उत्तर

Let value of the bike be Rs x.

Vo =Rs x ; n = 2 ; r = 16 %

Depreciation in the first year =

`therefore "V"_"t" = "V"_0 xx (1 - "r"/100)^"n"`

`=> "V"_"t" = "Rs"  "x" xx (1 - 16/100)^2`

`=> "V"_"t" = "Rs"  "x" xx 21/25`

`=> "V"_"t" = "Rs"  0.84  "x"`

Depreciation in the second year when r is 13 % =

`therefore "V"_"t" = "V"_0 xx (1 - "r"/100)^"n"`

`=> "V"_"t" = "Rs"  0.84  "x"  xx  (1 - 13/100)`

`=> "V"_"t" = "Rs"  0.84  "x"  xx 0.87`

`=> "V"_"t" = "Rs"  0.7308  "x"`

Depreciation in the value of bike in the seoond year 

= Rs (0.84 x-0.7308 x) =Rs 7,098 
⇒  0.1092 x = Rs 7,098 
⇒  x =Rs 65,000

The original value of the bike was Rs 65,000.

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Use of Formula
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Compound Interest - Exercise 1.3 [पृष्ठ १०]

APPEARS IN

फ्रैंक Mathematics - Part 2 [English] Class 10 ICSE
अध्याय 1 Compound Interest
Exercise 1.3 | Q 15 | पृष्ठ १०

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