Lesson 3 · Depreciation

Depreciation

MathematicsSubject
8 minEstimated read
Activity 1

Why has the price fallen?

Method
  • Divide the class into suitable groups.
  • Discuss each of the three situations below in your group.
  • Share your group's conclusion about why the price fell in each case.
Discussion
  • A farmer sells for Rs. 3,60,000 a tractor he bought 2 years ago for Rs. 5,50,000. Why has the price fallen?
  • Why can a cupboard be bought for Rs. 15,000 less than a new one from a second-hand shop?
  • A photocopy machine bought for Rs. 2,10,000 some years ago costs only Rs. 1,00,000 now after being used for some time. Why?
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