Question

The value of a residential flat constructed at a cost of ₹10,00,000 is depreciating at

the rate of 10 % per annum. What will be it’s value after 3 years?​

Answer 1

Answer:

$1000000 \times 3 = 3000000$

it is the answer

Answer 2

answer : 7290

Step-by-step explanation:

Principal = Rs. 10,000

rate = 10%

time = 3 years

Therefore, P(1-r/100)^3

=10,000(1-10/100)^3

=10,000 X 90 X 90 X 90/100 X 100 X 100 X 100

=Rs. 7290 Ans