(a) Gunjan purchased a mobile for 13,500. If its cost after two years is 6,000, then
find the rate of depreciation of the mobile.
find the rate of depreciation of the mobile.
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Answer:
Cost of the mobile= 13,500
Cost of the mobile after two years= 6000
Therefore, rate of depreciation= 44.44%(approx.)
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Answer:
₹13500–₹6000= 7500
55.56% approx