Q. 15.0( 5 Votes )

# Ms. Cherian purchases a boat for Rs. 16000. If the total cost of the boat is depreciating at the rate of 5% per annum, calculate its value after 2 years.

Answer :

Given,

Price of boat = Rs.16000

Depreciation rate = 5% per annum

So,

Value of boat after 2 years =

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PREVIOUSJitendra set up a factory by investing Rs. 2500000. During the first two successive years his profits were 5% and 10% respectively. If each year the profit was on previous year’s capital, compute his total profit.NEXTThe value of a machine depreciates at the rate of 10% per annum. What will be its value 2 years hence, if the present value is Rs 100000? Also, find the total depreciation during this period.

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