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The price of a sewing machine depreciates by 25/2% annually. If the machine was bought two years ago for Rs. 3600, what is its percent price ?
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find 52/2 % of 3600
Present price = 3600 - 2 (52/2 % of 3600) as it is depreciating, it decreases and multiply by two, since it was bought 2 yrs ago..
then?
it is not 52/2 but 25/2
Present price = 3600 - 2 (25/2 % of 3600) so 25/2 % of 3600 = (25/2 ) * (1/100) * 3600 = 450 SO, equation changes to , 3600 - 2 (450)... calculate the answers, and re check my calculations..
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2700 ?
perfect..... doing good. :)
thanx.
W/c..
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