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The value of an article is 12000. Each year it depreciates by 5% what will be the Value of an article after 4 year of depreciation?
  1. 9774
  2. 9890
  3. 9765
  4. None of these
Explanation

Initial value = 12000

Depreciation = 5% per year

Year 1: 12000 × 0.95 = 11400

Year 2: 11400 × 0.95 = 10830

Year 3: 10830 × 0.95 = 10288.5

Year 4: 10288.5 × 0.95 = 9774.075 ≈ 9774


Last verified on 18-01-2026

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