# A Sofa-Set Was Bought for Rs 10000. Its Value Depreciated at The Rate of 10% Per Annum…

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## A Sofa-Set Was Bought for Rs 10000. Its Value Depreciated at The Rate of 10% Per Annum. Find Its Value After One Year.

• Rs. 11000
• Rs. 9000
• Rs. 10000
• Rs. 1000

Also Read | Vimla Purchased a Watch for Rs 500. She Sold it at a Loss of 20%. Find The Selling Price.

Step-By-Step Explanation:

Depreciation per year = 10000 * 0.1 = Rs 1000

So, the value after one year will be,

Value after one year = 10000 – 1000

Value after one year = Rs 9000

1sofa =10000

decreasing value = 10000×10/100

” ” =1000

1 year later price =10000-1000

” ” =9000

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