Arithmeticmedium · Past Paper
The value of a car depreciates from Rs. 5,00,000 to Rs. 4,00,000 in 1 year. Find the rate of depreciation.
A10%
B20%
C25%
D15%
✓ Correct Answer: B — 20%
400000 = 500000(1 - R/100) => 0.8 = 1 - R/100 => R = 20%.
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