I purchased an article for 400. if the cost of article after two years depreciate to 361 then the rate of depreciation is 1.)4 2.)5 3.)3 4.)8
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So,depreciation means loss
Given:
C.P of article = 400
Depreciate = 361
so, loss = C. p - depreciation
= 400 -361
= 39rs
Now, let's find loss rate or loss percent
Hope it helps
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