A cupboard costing Rs.16800 is depreciated at the rate of 15% per year. What will be the cost of the cupboard after 2 years.

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asked Oct 22, 2022 16.0k views

5 votes

A cupboard costing Rs.16800 is depreciated at the rate of 15% per year. What will be the cost of the cupboard after 2 years.

Mathematics
college

Matthias Scholz asked

by Matthias Scholz

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2 Answers

3 votes

Answer:

15162

Explanation:

after 1 year= 16800*95%= 15960

after 2 year= 15960*95%= 15162

Defus answered Oct 23, 2022

by Defus

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5 votes

Answer:

Rs. 11132

Explanation:

formula for depriciation= P(1-R/100)^T

p= principal, r=rate, t=time

Leo T Abraham answered Oct 26, 2022

by Leo T Abraham

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