A scooter was bought at rs 42000 its value depreciated at rate of 8% p.a find the value after 1 year
please answer full explanation
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Step-by-step explanation:
Total Cost of Scooter - 42,000
It's value depreciated at the rate of - 8%
Value after 1 year - 42000 x 8/100 x 12 (As 1 year is equal to 12 months)
Value - 40,320
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