A scooter was bought at ₹ 42,000. Its value depreciated at the rate of 8% per annum. Find its value after one year

Solution:

Original value of the scooter = ₹ 42,000

Rate of depreciation = 8%

The value of the scooter after 1 year = 42000 - [42000 × (8/100)]

= 42000 - [42000 × (2/25)]

= 42000 - (1680 × 2)

= 42000 - 3360

= 38640

Thus, the value of the scooter after 1 year is ₹ 38640.

☛ Check: NCERT Solutions for Class 8 Maths Chapter 8

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Video Solution:

A scooter was bought at ₹ 42,000. Its value depreciated at the rate of 8% per annum. Find its value after one year

NCERT Solutions Class 8 Maths Chapter 8 Exercise 8.3 Question 12

Summary:

A scooter was bought at ₹ 42,000. Its value depreciated at the rate of 8% per annum. The value of the scooter after one year is ₹ 38640.

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