Question

please answer this question. ​

Answer 1

given,

total amount=5,50,000

5% decrease in every 6 months

2 year=24 months.(6x4 months)

therefore total% of depreciation = 5x4 = 20%

here, 1%= 550000/100 = 5500

So, for 20%, amount becomes

5500*20=110000

reduce this amount from total

=550000-110000=440000

thankz