Question

1.A machine was bought for Rs. 16000. If the total cost of it is depreciating at the rate of 5% per annum, calculate its value after two years.

Answer 1

Answer:

14,400

Step-by-step explanation:

value of 2 years will be 5+5 10% hence 10% of 16000 is 1600 so we will deduct 1600 from 16000