It is well known fact that the constant use of any machine or any other article causes wear and tear due to which its value decreases with time.
Depreciation: The relative decrease in the value of a machine over a period of time is called its depreciation.
Rate of Depreciation: Depreciation per unit time is called the rate of depreciation.
Depreciated Value: The value at any time is called the depreciated value.
Formula1: If be the value of an article at a certain time and R% per annum is the rate of depreciation, then the value at the end of n years is given by
Formula 2: If is the value of an article at certain time and the rate of depreciation is for first years, for next years and so on and for the last years, then the value at the end of is given by
Illustration: Jack purchased an old scooter for Rs 16000. If the cost of scooter after 2 years depreciates to Rs 14440, find the rate of depreciation
Solution: Let the rate of depreciation be R% per year. Then,
Take square root on both sides, we have
Hence, the rate of depreciation is 5% pr annum.
The value of a property increases every year at the rate of 5%. If its value at the end of 3 years of be Rs 411540, what was its original value at the beginning of these years? | |||
Right Option : A | |||
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The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years ago. If its present value is Rs 43740, find its purchase price. | |||
Right Option : B | |||
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The present price of a scooter is Rs 8000. If its value decreases every year by 10%, then find its value before 3 years. | |||
Right Option : B | |||
View Explanation |
About Abhyas metholodology the teachers are very nice and hardworking toward students.The Centre Head Mrs Anu Sethi is also a brilliant teacher.Abhyas has taught me how to overcome problems and has always taken my doubts and suppoeted me.
Usually we see institutes offering objective based learning which usually causes a lag behind in subjective examinations which is the pattern followed by schools. I think it is really a work of planning to make us students grab the advantages of modes of examination, Objective Subjective and Onli...
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We started with lot of hope that Abhyas will help in better understnding of complex topics of highers classes. we are not disappointed with the progress our child has made after attending Abhyas. Though need to mention that we expected a lot more. On a scale of 1-10, we would give may be 7.
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A marvelous experience with Abhyas. I am glad to share that my ward has achieved more than enough at the Ambala ABHYAS centre. Years have passed on and more and more he has gained. May the centre flourish and develop day by day by the grace of God.
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Third consective year,my ward is in Abhyas with nice experience of admin and transport support.Educational standard of the institute recumbent at satisfactory level. One thing would live to bring in notice that last year study books was distributed after half of the session was over,though study ...
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My experience with Abhyas academy is very good. I did not think that my every subject coming here will be so strong. The main thing is that the online tests had made me learn here more things.
Abhyas is a complete education Institute. Here extreme care is taken by teacher with the help of regular exam. Extra classes also conducted by the institute, if the student is weak.