The cost of a vehicle is 175000 . if its value depreciates at the rate of 20 % per annum then the total depreciation for 3 years is
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A = P (1-R/100)^n
= 175000 x 80/100 x 80/100 x 80/100
= Rs 89600
= 175000 x 80/100 x 80/100 x 80/100
= Rs 89600
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