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ery worth10000 depreciated by 5%. Find its value after 1 year. |
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Answer» Formula is a = p(1-r/100)^n --------------------- (i) Given p = 10000, r = 5, n = 2 On submitting values in (i), we get a = 10000(1-5/100)^1 = 10000(95/100) = 9500 rs. |
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