Depreciation applicable to an equipment is 20%.The value of the equipment 3 years from now will be less by	Choose the correct choice from the following answers
A) 48.8%	B) 47.8%	C) 46.8%	D) 49.8%	E) 45.8%
Value after 3 years will be 0.8^3 = 0.512 times the present value.   so it will be less by 48.8%.   48.8%NSWER:48.8%
<result>A</result>
Depreciation applicable to an equipment is 20%.The value of the equipment 3 years from now will be less by