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A scooter was bought at Rs 42,000. Its v...

A scooter was bought at Rs 42,000. Its value depreciated at the rate of 8% per annum. Find its value after one year.

Text Solution

Verified by Experts

let that price be x
According to Questions
x=42000-42000*(8/100)
x=42000-2560
x=39,440.
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