The cost of a scooter is ₹ 42,000 and the depreciation value for eve

1.	The cost of a scooter is ₹ 42,000 and the depreciation value for every year is 8% then the value of scooter after 1 year is ……………….A) ₹ 18,600 B) ₹ 38,640 C) ₹ 39,469 D) ₹ 18,460
Answer» Correct option is B) ₹ 38,640 Correct option is (B) ₹ 38,640 Value of scooter after 1 year = Rs (42000 - 8% of 42000) = Rs (42000 - \(\frac{8\times42000}{100})\) = Rs (42000 - 3360) = Rs 38640

The cost of a scooter is ₹ 42,000 and the depreciation value for every year is 8% then the value of scooter after 1 year is ……………….A) ₹ 18,600 B) ₹ 38,640 C) ₹ 39,469 D) ₹ 18,460

Answer»

Correct option is B) ₹ 38,640

Correct option is (B) ₹ 38,640

Value of scooter after 1 year = Rs (42000 - 8% of 42000)

= Rs (42000 - \(\frac{8\times42000}{100})\)

= Rs (42000 - 3360)

= Rs 38640