a new bike was bought at Rs.98,500 in 2004.Its value depreciqted at th

1.	a new bike was bought at Rs.98,500 in 2004.Its value depreciqted at the rate of 11% per annum.find its value
Answer» Its value will be Rs 15264.54 (APPROX) Step-by-step explanation: GIVEN that bike bought at Rs 98,500 in 2004 Rate of depriciation = 11 % Now its value in 2020 after 16 YEARS will be = 98500 $(1-\frac{11}{100}) ^{16}$ = 98500 $(.89)^{16}$ = 98500 *.15497 = Rs 15264.54 (approximately)

a new bike was bought at Rs.98,500 in 2004.Its value depreciqted at the rate of 11% per annum.find its value

Answer»

Its value will be Rs 15264.54 (APPROX)

Step-by-step explanation:

GIVEN that bike bought at Rs 98,500 in 2004

Rate of depriciation = 11 %

Now its value in 2020 after 16 YEARS will be

= 98500 $(1-\frac{11}{100}) ^{16}$

= 98500 $(.89)^{16}$

= 98500 *.15497

= Rs 15264.54 (approximately)

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a new bike was bought at Rs.98,500 in 2004.Its value depreciqted at the rate of 11% per annum.find its value​

Its value will be Rs 15264.54 (APPROX)

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a new bike was bought at Rs.98,500 in 2004.Its value depreciqted at the rate of 11% per annum.find its value