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the cost of computer was rs 65000 the price of computer was depreciated 12% compounded yearly how much amount was depreciated in 2 years?find it​

User Poorya Pzm
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1 Answer

7 votes

Answer:

50336

Explanation:

The cost deprecates by 12% each year. If we have to find how much it deprecated for 2 years, we will have to calculate how much is 12% of the current price, subtract it, then find how much is 12% equal to again and subtract it once again. Not sure if that's the smartest way to do it though.
Anyway, we have
65000, 12% of 65000 is equal to (65000 * 12) / 100 = 650 * 12 = 7800
After the first year, the price will be:
65000 - 7800 = 57200

Now we do the same thing:
12% of 57200 = 57200 * 12% = 57200 * 12/100 = 57200 / 1 * 12/100 = (57200 * 12) / 100 * 1 = 572 * 12 / 1 = 572 * 12 = 6864
After the second year the price will be:
57200 - 6864 = 50336

User Mart Roosmaa
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