A day full of math games & activities. Find one near you.

A day full of math games & activities. Find one near you.

A day full of math games & activities. Find one near you.

A day full of math games & activities. Find one near you.

# 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

**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.

**☛ Related Questions:**

- Vasudevan invested ₹ 60,000 at an interest rate of 12% per annum compounded half-yearly. What amount would he get (i) after 6 months? (ii) after 1 year?
- Arif took a loan of ₹ 80,000 from a bank. If the rate of interest is 10% per annum, find the difference in amounts he would be paying after 1(1/2) years if the interest is (i) Compounded annually (ii) Compounded half-yearly
- Maria invested ₹ 8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find: (i) The amount credited against her name at the end of the second year (ii) The interest for the 3rd year.
- Find the amount and the compound interest on ₹ 10,000 for 1(1/2) years at 10% per annum, compounded half yearly. Would this interest be more than the interest he would get if it was compounded annually?

Math worksheets and

visual curriculum

visual curriculum