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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
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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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