the cost of a new washing machine is₹ 22000. it's value is depreciated every year at the rate of 20%.what is it's depreciated price after two years?
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Answered by
9
Answer:
14080
Step-by-step explanation:
cost=22,000
it's value depreciated every year at the rate=20%
first year = (20/100)×22000
=20×220
=4400
so, 22000-4400=17600
second year = (20/100)×17600
=20×176
=3520
Depreciated price = 17600-3520
=14080
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