You are not logged in.

Pages:: **1**

## #1 2016-01-21 05:01:23

### Find the value of the van after two years?

# Mathematics Quizzes Interest

**Question:**

Rahul purchased a Maruti van for Rs. 1, 96,000 and the rate of depreciation is 14(2/7) % per annum. Find the value of the van after two years.

**Option A):**

Rs. 1,50,000**Option B):**

Rs. 1,60,000**Option C):**

Rs. 1,40,000**Option D):**

Rs.1,44,000**Option E):**^{None of these}

**Correct Answer is Option D):**

Rs.1,44,000

**Explanation:**

Value of Maruti Van, V_{0}= Rs. 196000

Rate of depreciation, r = 14(2/7)% = 100/7%; Time, t = 2 years

Let V_{1} is the value after depreciation.

V_{1} = V_{0}*[1-(r/100)]^{t}

V_{1} = 196000*[1-(100/7*100)]^{2}

V_{1} = 196000*(6/7)^{2}

V_{1} = (196000*36)/49 = Rs. 144000.

**Online Web Tutorials And Interview Questions With Answers Forum:**

https://globalguideline.com/forum/

Offline

## 2016-01-21 05:01:23

**Advertisement****Ads By Google**

### Re: Find the value of the van after two years?

\n

Pages:: **1**