the present value of a mobile phone is Rupees 20000 depreciates at the rate of 5% in first year and 10% every next year .find the value of mobile phone after 2 years.
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17000 is the answer please follow me
ASwadhin1:
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17100 is Answer bcoz 5% of 20000 is 1000 .so new value of mobile phone is 20000-1000=19000.. now 10% of 19000 is 1900 .. so new value of phone is 19000-1900=17100
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