Ten > Growth and Depreciation

Asked by Basanta · 2 years ago

The cost of the TV was quoted Rs 17000 at the beginning of the year 2005. At the beginning of the year 2006, the price was hiked by 5%. Because of the decrease in demand, the cost was reduced by 4% at the beginning of the year 2007.

1. What was the cost of the TV in 2007?
2. Find the depreciation amount.
3. Find the overall increment or depreciation rate of the cost of the TV in 2 years.