The price of a scooter deprecated by 2%of it's value at the beginning of each year Find the sale value of the scooter after 3 years ,if it's present sale value is ₹ 12,000
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present sale of scooter = $12.000
depreciation rate = 2% per year
now accroding to formula of finding dpreciation rate
98/100x12,000(1-2/100)
=1176(98/100)
=294x3.92
=
depreciation rate = 2% per year
now accroding to formula of finding dpreciation rate
98/100x12,000(1-2/100)
=1176(98/100)
=294x3.92
=
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