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Single File Programming QuestionProblem StatementAmit wants to evaluate the depreciation of his car over time to understand its current value and categorize it based on that value. Write a program that helps him determine the current value of his car after a certain number of years of depreciation and classify it into one of three categories:High: If the current value is greater than 10,000.Medium: If the current value is between 5,000 and 10,000, both inclusive.Low: If the current value is less than 5,000.The depreciation rate of the car is 15% per year. The program should calculate the current value of the car after applying this depreciation over the given number of years and print the current value along with the category.Company Tags: InfosysInput format :The first line of input consists of an integer, representing the initial cost of the car.The second line consists of an integer, representing the number of years the car has been depreciating.Output format :The first line of output prints a double value, representing the current value of the car, rounded off to two decimal places.The second line prints its category.Refer to the sample output for formatting specifications.Code constraints :In this scenario, the test cases fall under the following constraints:1 ≤ initial cost ≤ 1000000 ≤ age ≤ 100Sample test cases :Input 1 :200005Output 1 :Current Value: 8874.11Category: MediumInput 2 :155377Output 2 :Current Value: 4980.81Category: LowInput 3 :125751Output 3 :Current Value: 10688.75Category: HighNote :The program will be evaluated only after the “Submit Code” is clicked.Extra spaces and new line characters in the program output will result in the failure of the test case.

Question

Single File Programming QuestionProblem StatementAmit wants to evaluate the depreciation of his car over time to understand its current value and categorize it based on that value. Write a program that helps him determine the current value of his car after a certain number of years of depreciation and classify it into one of three categories:High: If the current value is greater than 10,000.Medium: If the current value is between 5,000 and 10,000, both inclusive.Low: If the current value is less than 5,000.The depreciation rate of the car is 15% per year. The program should calculate the current value of the car after applying this depreciation over the given number of years and print the current value along with the category.Company Tags: InfosysInput format :The first line of input consists of an integer, representing the initial cost of the car.The second line consists of an integer, representing the number of years the car has been depreciating.Output format :The first line of output prints a double value, representing the current value of the car, rounded off to two decimal places.The second line prints its category.Refer to the sample output for formatting specifications.Code constraints :In this scenario, the test cases fall under the following constraints:1 ≤ initial cost ≤ 1000000 ≤ age ≤ 100Sample test cases :Input 1 :200005Output 1 :Current Value: 8874.11Category: MediumInput 2 :155377Output 2 :Current Value: 4980.81Category: LowInput 3 :125751Output 3 :Current Value: 10688.75Category: HighNote :The program will be evaluated only after the “Submit Code” is clicked.Extra spaces and new line characters in the program output will result in the failure of the test case.

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Solution

Here is a Python solution for the problem:

def calculate_depreciation(initial_cost, years):
    current_value = initial_cost
    for _ in range(years):
        current_value *= 0.85
    return current_value

def categorize_value(current_value):
    if current_value > 10000:
        return "High"
    elif current_value >= 5000:
        return "Medium"
    else:
        return "Low"

initial_cost = int(input())
years = int(input())

current_value = calculate_depreciation(initial_cost, years)
category = categorize_value(current_value)

print("Current Value: {:.2f}".format(current_value))
print("Category: {}".format(category))

This program works by first calculating the current value of the car after the given number of years of depreciation. It does this by multiplying the initial cost of the car by 0.85 (which represents a 15% decrease) for each year.

Then, it categorizes the current value into one of three categories: "High", "Medium", or "Low", based on the conditions given in the problem statement.

Finally, it prints the current value (rounded to two decimal places) and the category.

This problem has been solved

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Amit wants to evaluate the depreciation of his car over time to understand its current value and categorize it based on that value. Write a program that helps him determine the current value of his car after a certain number of years of depreciation and classify it into one of three categories:High: If the current value is greater than 10,000.Medium: If the current value is between 5,000 and 10,000, both inclusive.Low: If the current value is less than 5,000.The depreciation rate of the car is 15% per year. The program should calculate the current value of the car after applying this depreciation over the given number of years and print the current value along with the category.Company Tags: InfosysInput format :The first line of input consists of an integer, representing the initial cost of the car.The second line consists of an integer, representing the number of years the car has been depreciating.Output format :The first line of output prints a double value, representing the current value of the car, rounded off to two decimal places.The second line prints its category.

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