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Application of Formula of CI

A machine wor...

Question

A machine worth Rs $25, 000$ depreciated by $5 %$ . Find its value after one year.

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Solution

Value $25, 000 R s$

Depreciation $= 5 %$

value after year $= 25, 000 - 5 %$ of $25, 000$ $= R s 23750$

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