To calculate the depreciation of the car over a period of six years, we need to first calculate the depreciation for each of the first three years and then the depreciation for the next three years.
Depreciation for the first three years at 5% per annum can be calculated as follows:
Depreciation for the first year = Rs. 80,000 x 5% = Rs. 4,000 Depreciation for the second year = Rs. 80,000 x 5% = Rs. 4,000 Depreciation for the third year = Rs. 80,000 x 5% = Rs. 4,000
Total depreciation for the first three years = Rs. 12,000
The value of the car after three years will be Rs. 80,000 - Rs. 12,000 = Rs. 68,000.
Depreciation for the next three years at 10% per annum can be calculated as follows:
Depreciation for the fourth year = Rs. 68,000 x 10% = Rs. 6,800 Depreciation for the fifth year = Rs. 68,000 x 10% = Rs. 6,800 Depreciation for the sixth year = Rs. 68,000 x 10% = Rs. 6,800
Total depreciation for the next three years = Rs. 20,400
The value of the car after six years will be Rs. 68,000 - Rs. 20,400 = Rs. 47,600.
Therefore, the money value of the car after a period of six years is Rs. 47,600.
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