Max bought a gadget for Rs. 21000. If the cost of the gadget after 2 years depreciates to Rs. 18162, find the rate of depreciation.

Max bought a gadget for Rs. 21000. If the cost of the gadget after 2 y

1.	Max bought a gadget for Rs. 21000. If the cost of the gadget after 2 years depreciates to Rs. 18162, find the rate of depreciation.
A.	20%
B.	5%
C.	15%
D.	7%
Answer» E.

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Max bought a gadget for Rs. 21000. If the cost of the gadget after 2 years depreciates to Rs. 18162, find the rate of depreciation.

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