12) The value of a machine reduces by 20% every year. If the present value is 15,000, what will its value be 2 years later?
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Answer:
the ans is21000
Step-by-step explanation:
we know that,
I = PRT/100
=>I =15000×20×2/100
=>I =150×40
=>I =6000
so,15000+6000=21000
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