Question

7) The cost of a television set is 325000. If its value depreciates at the rate
of 5% per annum, what will be its value after 1 year? *
3 23,000
O
* 23,750
23,500
* 20,000​

Answer 1

Cost = 325000

Value after depriciation of 5 percent =

325000 - 5/100×325000

=325000 - 16250

=16250

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