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?
- 9774
- 9890
- 9765
- 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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