The cost price of a machine is 2,50,000. If the rate of depreciation is 10% per year find the depreciation in price of the medicine after two years.
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Hey ,
CI=A=P (1+R/100) N
=250000 (1-10/100)2
=250000 (1/1-10/100)2
= 250000 (100-10/100)2
=250000×90×90/100×100
= 202500
CI=P-A
= 250000-202500
= RS.47500
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