the value of residential flat constructed at a cost of 204800 is depreciating at the rate of 12.5% per annum. what will be its value 3 year after construction
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Answer:
after 3 years value vwill be 137200
Step-by-step explanation:
after one year =(204800 - 204800 * 12.5 * 1 /100 )
= 204800 -25600
= 179200
after 2ND year =( 179200 - 179200 * 12.5 * 1 /100 )
= 179200 -22400
=156800
after 3rd year =( 156800 - 156800 * 12.5 * 1 /100 )
= 137200
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