gunjan purchased an old scooty for Rs 8,000 . if its cost after two years is Rs 6, 480 . what is the rate of depreciation
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Answer:
Cost price = Rs.8,000
Selling price = Rs.6,480
Therefore,
Rate of depreciation (decreased) =
Loss = CP - SP
= Rs.8000 - Rs.6480
= Rs.1520 Ans.
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