Question

the value of a residential property is at cost of 100000 if it depreciates at the rate 10% per year what will be its value a) after 3 years b) 3 years ago

Answer 1

Answer:

value after 3 years =70000

value before 3years = 130000

Step-by-step explanation:

cost of rresidential property=100000

depreciation rate =10%

so ,10%of 100000=10000

value after 3years

3years =30000

so 100000-30000

=70000

now value before 3 years

=100000+30000

=130000

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