Question
A company purchased a machine for Rs. 50,000. The machine depreciates at a rate of 15% per year for two years. After three years, the company sold the machine for Rs. 28,900. What was the percentage of depreciation during the third year only?
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= 36125 Let the percentage of depreciation in the third year alone = x% Then (100-x) % of 36125 = 28,900 -Constable/1727954091-618.JPG)
100-x = 80 x = 100-80 = 20%More Quant Miscellaneous Questions
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