I purchased an old scooter for rupees 8000.if it's cost after 2 years is rupees 6480,find its rate of depreciation
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Cp of an old scooter is₹ =8000
After 2 years then the sp is ₹ 6480
Loss Cp-Sp
8000-6480=1520
profit %= p÷cp×100=1520÷8000×100=19% depreciation
After 2 years then the sp is ₹ 6480
Loss Cp-Sp
8000-6480=1520
profit %= p÷cp×100=1520÷8000×100=19% depreciation
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