The value of the article after 4-year depreciation will be Rs. 9774.07.
To solve the above-given problem we will use the following formula of depreciation:
D= P (1-(R/100))ⁿ
where
"D" → the depreciated value
"P" → the present value
"R" → the rate of depreciation
"n" → no. of years
The value of article is = Rs. 12000
The rate of depreciation = 5% every year
Time = 4 years
Now, by substituting the given values in the formula of depreciation is,
Thus, at the end of 4 years, the value of the article will be
= Rs. 9774.07.
To learn more about depreciating assets and values,
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