. A scooter was bought at ` 40,000. Its value is depreciated at the rate of 10% per annum. Find its value after one year
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Answer:
after depreciate at 10% for 2 years the value of scooter will be 32400 rupees.
Step-by-step explanation:
A=42000[1− 8/100]^1
=42000(0.92)
=38640
Value of the scooter after 1 year is Rs. 38,640.
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