A flat is valued at Rs .5,00,000.If its value depreciate at 2% p.a.What will be its value after 3 years?
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Answered by
0
the answer is 30,000 if answer is wrong then I will again try to solve the problem
Answered by
1
ORIGINAL cost = Rs 500000
Reduction = 2% pa
After 3 yrs , reduction = 6%
500000 × 6/100 = 30000
new cost = 500000 - 30000
= 47000
Reduction = 2% pa
After 3 yrs , reduction = 6%
500000 × 6/100 = 30000
new cost = 500000 - 30000
= 47000
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