what will be the Price at the End of the 3 Years? If

The cost price of an LCD TV set is Rs. 100000. If its price value depreciates at the rate of 10% pa, what will be the price at the end of 3 years?

  1. Rs. 80000
  2. Rs. 85000
  3. Rs. 90000
  4. Rs. 72900
vijay Professor Asked on 6th August 2015 in Maths.
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1 Answer(s)

Answer: (4) Rs. 72900
Explanation:-
The cost price of an LCD TV set = Rs. 100000.
If its price value depreciates at the rate of 10% pa.

Then, the price of an LCD TV set after one year = 100000  – 100000 x 10/100
= 100000 – 10000
= Rs.90000

And the price of an LCD TV set after two years = 90000  – 90000 x 10/100
= 90000 – 9000
= Rs.81,000

The price of an LCD TV set after three years = 81000 – 81000 x 10/100
= 81000 – 8100
= Rs.72900

Then, the price of an LCD TV set at the end of the three years will be Rs.72900

Hence, the answer is (4) Rs.72900.

Anurag Mishra Professor Answered on 6th August 2015.
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