A scooter was bought as rupees 42,000. its value deprecated 8% per annum. find its value after one year
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Answer:
Cp of scooter=₹42000
Rate of depreciation=8% Per annum
Time=1 year
Value after 1year= 42000(1-8÷100)1
=42000(1-2%÷25)
=42000x23÷25
=1680x23
=₹38640
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