Sonika bought land for Rs. 550000 the value of land depreciates at the rate of 5 percent every six months what is the value of the land after 2 years
Answers
Answered by
3
Answer:
The initial value of land is 550000. The rate of depreciation is 5% every 6 months, so the value of n is 2. The value of land after 2 years is rupees 447978.44.
Similar questions