A scooter was bought at 3 42,000. Its value
depreciated at the rate of 8% per annum.
Find its value after one year.
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Answer:
hey mate here hey mate here is ur ans
Step-by-step explanation:
depreciated at rate of 8% = -8%
we know the formula
A= P(1+R/100)^n
where P = price R= rate n = no.of year
A = 42000(1+(-8)/100)^1
= 42000(92/100)
= 420×92 = 38640
hope it help u
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