saurabjha74 saurabjha74

08-04-2024
Mathematics

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Some machineries were purchased for Rs. 55,550 in 1970. Its scrap value in 1990 was Rs. 3,843. What was the rate of compound depreciation?

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08-04-2024

Answer:

So, the rate of compound depreciation is approximately ( 5.26% ) per year.

Step-by-step explanation:

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