Math Problem Statement
Solution
Let's solve both questions step by step:
Question 1: Depreciation of a computer
- Initial cost = ₹1,00,000
- Depreciation rate = 40% per year
- We need to find the cost after 2 years.
The formula for depreciation is:
Where:
- = Value after years
- = Initial value (₹1,00,000)
- = Depreciation rate (40% = 0.4)
- = Number of years (2 years)
Substitute the values:
Answer: The cost of the computer after 2 years will be ₹36,000.
Question 2: Depreciation of a car
- Initial value = ₹75,000
- Depreciation rate = 15% per year
- We need to find the value after 3 years.
Use the same formula:
Where:
- = ₹75,000
- = 15% = 0.15
- = 3 years
Substitute the values:
First, calculate :
Now calculate :
Answer: The value of the car after 3 years will be approximately ₹46,059.38.
Summary of Answers:
- The cost of the computer after 2 years: ₹36,000
- The value of the car after 3 years: ₹46,059.38
Let me know if you'd like further clarifications or a detailed explanation for any step!
Related Questions:
- How do you calculate the depreciation value for any given time period?
- What happens if depreciation rates are compounded quarterly instead of annually?
- How do you find the depreciation rate if the initial and final values are known?
- How can you calculate the number of years required for a value to depreciate to half?
- How is depreciation different for straight-line and compound methods?
Tip:
Depreciation calculations use the concept of exponential decay, so understanding the formula is crucial for solving similar problems.
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Math Problem Analysis
Mathematical Concepts
Exponential Decay
Depreciation Calculation
Formulas
A = P(1 - r)^t
Theorems
Compound Interest Formula (modified for depreciation)
Suitable Grade Level
Grades 8-10
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