motorbike is purchase at 80000 is value depreciated at 12% per annum and different in its value at the end of the first and second year
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Answer:
8448
Step-by-step explanation:
At the end of first year, price of motorbike=80000 x 0.88= 70400
At the end of second year, price of motorbike=70400 x 0.88= 61952
So, the difference in price is= 70400-61952
=8448
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