A sofa set was bought for Rs. 10,000. Its value depreciated at the rate of 15% per annum. Find its value after 1 year.
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Step-by-step explanation:
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Answer:
Step-by-step explanation:
C.P=10000
depriciation=15% per year
amount of depriciation=15% of 10000
=15/100*10000
=15*100
=1500
the total value of sofa after depriciation=10000-1500
=8500 rupees
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