Question

the present value of a car is Rs.6,50,000. the value of this car will depreciate at the rate of 10% per annum what would be its value after 3 years

Answer 1

value =======650000
depreciation(-)=65000
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second yearvalue 585000
depreciation (-)===65000
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third year value==520000
depreciation (-)===65000
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fourth year value==455000

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