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Motorcycle is bought at rupees 160000 . Its value depreciates at the rate of 10% per annum find its value afteri ) 1 years ?ii ) 2 years ? |
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Answer» VALUE after 1 year = Rs 144000 Value after 2 years = Rs 129600 Step-by-step explanation: Principle - 160000 Rate of principle - 10% value after 1 year - ? =Rs {160000 × ( 1 - 10/100 )} =Rs {160000 × 9/10} =Rs 144000 Therefore, after 1 year the value will be Rs 144000. value after 2 years - ? =Rs {160000 × ( 1 - 10/100 )²} =Rs {160000 × 9/10 × 9/10} =Rs 129600 Therefore, value after 2 years will be Rs 129600.
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