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Question
The cost of a scooter depreciated by Rs 5100 during the second year and by Rs 4,335 during the third year. Calculate
the rate of depreciatlon
Solution
The rate of depreciation.
Difference in the depreciation = Rs ( 5, 100 - 4,335) = Rs 765
Rate of depreciation = `765/5100 xx 100 = 15 %`
Rate of depreciation = 15 %
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