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Question

A student purchased a pen for Rs 100. At the end of 8 years it was valued at Rs 20 Assuming the yearly depreciation is a constant amount find the annual depreciation

A
8
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B
9
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C
10
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D
11
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Solution

The correct option is C 10
Cost Price of the pen =Rs.100
After 8 years, Value of the pen =Rs.20
Since, depreciation is yearly and constant
So, Annual depreciation =Rs.100Rs.208=Rs.808=Rs.10
Hence, C is the correct option.

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