The cost of a machine is ₹ 2,50,000. It depreciates at the rate of 4% per annum. Find the cost of the machine after three years.
Cost of a machine = ₹2,50,000
Rate of depreciation = 4%
Time period = 3 years
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A = ₹ 221184
Amount after three years = ₹2,21,184
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