motorcycle was bought for 60000 if its value depreciates at the rate of 10% per annum find its value after 2 years
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The answer is 12000 as:
60000 - (60000*2*10/100) = 12000
Annum means one year and therefore after two years 20 percent of the CP will be reduced.
60000 - (60000*2*10/100) = 12000
Annum means one year and therefore after two years 20 percent of the CP will be reduced.
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Step-by-step explanation:
answar is 12000 ..............
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