Question 61

Q61Long answer

The value of a car, bought for Rs 4,40,000 depreciates each year by 10% of its value at the beginning of that year. So its value becomes Rs 3,08,000 after three years. Another way to find the total cost of an item is to add the sales tax per cent to 100%. Then multiply this new per cent by the regular price. For example, if the regular price is Rs 35.98 and the sales tax is 6%, add 6% to 100%. Then find 106% of Rs 35.98. 1.06 – 35.98 = 38.14. The total cost is Rs 38.14.

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(i) Direct (ii) Direct (iii) Direct (iv) Direct (v) Neither