Question 4

# An electric bulb was bought at ₹ 4200 Its value depreciates at the rate of 8% per annum. Its value after one year will be:

Solution

As the value depreciates at the rate of 8% per annum, Its value after one year will be,

92 % of 4200 = 92 x 42 = 3864

Hence, option C is the correct answer.
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