The cost of a machine is Rs 250000 it depreciates at the rate of 4%per annum find the cost of the machine after three years
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machine cost rs 250000
depreciation 4%per annum is rs 10000
after 3 year 10000×3= rs 30000 depreciation
actual cost of machine 250000- 30000depri
cost of machine after 3 years =220000
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