Question

A car is purchased for rs 360000.its value depreciates at 10% per annum during the first two yaers and at 20% per annum during the third year. what will be its value after 3years

Answer 1

hey!!
according to question;
price of car; 3,60,000
in two years the depreciation(10%+10%) =360000*20/100
=27000.
now., in third year dpreciation charge;

360000*20/1000
=27000.
total amount of car after 3 year;
=360000-(27000+27000)
=3,06,000...
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hope it helps.
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