a car purchased at a place of 750000depreciates at the rate of22% . each year at the car at the end of3 years ? by how much will it depreciate in 3 years?
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Answer:
RS 394086
Step-by-step explanation:
Calculation of depreciation on car at 1st year
22% of 750000 = RS 165000
Calculation of depreciation on car at 2nd year
22% of (750000-165000)
22% of 585000 = RS 128700
Calculation of depreciation on car at 3rd year
22% of (585000-128700)
22% of 456300 = RS 100386
Ans= total depreciation on car = 165000+128700+100386 = RS 394086
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