The value of a television set depreciates at the rate of 7% per annum what will be its value after 2 years is the present value is rupees 18200?
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The value of a television set depreciates at the rate of 7%per annumr%=7%so loss % is 7%c.p is 18200we should find the cost after 2 years.s0 lets do it 2 timess.p after 1 year =[18200*93/100] = rupees 16926s.p after another one year =[16926*93/100] = rupees 15741 . 18
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Answer:
Answer is 15741.18
Step-by-step explanation:
18200(1-7/100)
___________
700/100-7/100
= 15741.18
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