A scooter was bought at 7 42,000. Its value depreciated at the rate of 8% per annum. Find its value after one year. Every one like my history answers please
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Price of scooter = 7,42,000
Depreciation rate = 8%
Depreciation amount = 7,42,000 x 8/100 = 59,360
Value of scooter after 1 year = 7,42,000 - 59,360 = 6,82,640 Rs
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