A TV was baught at a price of 20000, after one year the value of it is depriciated by 5%, what is the value of the tv after 2 year?
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Rs.18050 is the value of TV after 2 year's
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Cost price: 20,000
Depriciation price after 1 year: 5% of costprice
i.e 20,000 * 5/100 = 1,000
Value of T.V = 19,000
So, value of tv after 2 year
19,000 - 1,000 = 18,000
Depriciation price after 1 year: 5% of costprice
i.e 20,000 * 5/100 = 1,000
Value of T.V = 19,000
So, value of tv after 2 year
19,000 - 1,000 = 18,000
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