Kiran buys a new DELL laptop of Rs. 76000. What will its value be after 2 years, if it is assumed to depreciate at a fixed rate of 20% per annum?
- 47640
- 48640
- 49640
- None of these
Explanation
Depreciation formula:
Value after n years = Original Price x (1 - rate)^n
Given:
Original Price = Rs. 76000
Rate = 20% = 0.20 per year
Time = 2 years
Value after 2 years = 76000 x (1 - 0.20)^2
= 76000 x (0.80)^2
= 76000 x 0.64
= Rs. 48640
Last verified on 25-08-2026
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