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The Cost of a Scooter Depreciated by Rs 5100 During the Second Year and by Rs 4,335 During the Third Year. Calculate - Mathematics

Sum

The cost of a scooter depreciated by Rs 5100 during the second year and by Rs 4,335 during the third year. Calculate

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Solution

The oost of the soooter at the end of the third year. 

Here, P =Rs 40,000; r = 15 % ; t = 3 years

`"A" = "P" (1 + "r"/100)^"n"`

`"A" = "Rs"  40000 (1 - 15/100)`

A= Rs 40, 000 x 0.85 x 0. 85 x 0.85

A= Rs 24,565 

Cost of the soooter at the end of third year = Rs 24,565

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APPEARS IN

Frank ICSE Class 10 Mathematics Part 2
Chapter 1 Compound Interest
Exercise 1.4 | Q 11.3 | Page 13
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