Question

the value of a residential flat constructed at cost of rupees 100000 is depreciating @ 10% per annum what will be its value 3 years after construction

Answer 1

$100000(1 - \frac{10}{100})^{3} \\ \\ 100000( \frac{9}{10} )^{3} \\ 100000 \times \frac{729}{1000} \\ 72900$