A bicycle costs Rs 9500 Its value decreases 5% every year due to usage What will be its prize after - Maths - Comparing Quantities

Question

A bicycle costs Rs 9500 Its value decreases 5% every year due to
usage What will be its prize after a year?(show with steps)

Neha Sethi · Accepted Answer

Dear student
Present value of cycle=Rs9500Value of cycle after one year=9500-5100×9500=9500-475=Rs9025
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A bicycle costs Rs 9500.Its value decreases 5% every year due to usage.What will be its prize after a year?(show with steps)