Prample 15: ATV was bought at a price of t 21,000. After one year the

1.	Prample 15: ATV was bought at a price of t 21,000. After one year the value of theTV was depreciated by 5% (Depreciation means reduction of value due to use and age ofthe item). Find the value of the TV after one year
Answer» Cost price of TV = Rs 21000Depreciation = 5% after one year Depreciation =(5/100)×21000=Rs 1050 Value of the TV after one year = 21000 - 1050 = Rs 19950

Prample 15: ATV was bought at a price of t 21,000. After one year the value of theTV was depreciated by 5% (Depreciation means reduction of value due to use and age ofthe item). Find the value of the TV after one year

Answer»

Cost price of TV = Rs 21000Depreciation = 5% after one year

Depreciation =(5/100)×21000=Rs 1050

Value of the TV after one year = 21000 - 1050 = Rs 19950