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    Question

    The value of a machine depreciates every year by 12%.

    What will be its value after 2 year if its value is Rs 19,650?
    A 15516.96 Correct Answer Incorrect Answer
    B 15416.96 Correct Answer Incorrect Answer
    C 15316.96 Correct Answer Incorrect Answer
    D 15216.96 Correct Answer Incorrect Answer

    Solution

    Required answer = 19,650 × 88/100 × 88/100 = 15,216.96

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