Sinu purchased an old bike for Rs. 12,000. If its cost after 2 years i – McqOptions

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1.	Sinu purchased an old bike for Rs. 12,000. If its cost after 2 years is Rs. 11,524.80, then the rate of depreciation is:
A.	2%
B.	3%
C.	4%
D.	1%
Answer» B. 3%

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