Question

An air conditioner was purchased at Rs 20000.Its value depreciates at rate of 3 percent per annum. What would be the depreciation after 2 years?..​

Answer 1

Explanation: so we are going to say PRT over 100. PRT stands for Principle, Rate and Time so principal mean the amount of money rate stands for the percent and time for the amount of time. so you will multiply 20000 by 3% by 2 and that will give you 120 000, so you will divide that answer by 100 and that will give you 1200 as your answer.

so your final answer will be Rs1200.

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