a cycle was bought for rs10000.its value depreciated at rate of 10%per annum .find its balue after 1year
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Given that Cost price of the Cycle = 10000 rupees.
Depreciation = 10% of rs.10000 per annum.
= 10/100 * 10000
= 1000.
Value after 1 year = 10000 - 1000
= 9000.
Therefore value after 1 year = 9000 rupees.
Hope this helps!
Depreciation = 10% of rs.10000 per annum.
= 10/100 * 10000
= 1000.
Value after 1 year = 10000 - 1000
= 9000.
Therefore value after 1 year = 9000 rupees.
Hope this helps!
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