Question

19. Ramesh bought a machine for his factory
for 3,60,000. If the value depreciates by 12%
every year, by how much will the value of
machine depreciate at the end of the third year​

Answer 1

Answer:

The total amount by which the value of the machine depreciates is 114670.08.

Step-by-step explanation:

We need to solve the given sum in steps.We will calculate the depreciation in value of the machine after every year and then when we have the final vale after the third year we will subtract the depreciated value from the original value to see the amount of depreciation.

Amount of depreciation after 1st year=$\frac{12}{100}$×360000=43200

Depreciated value after one year=360000-43200=316800

Amount of depreciation after 2nd year=$\frac{12}{100}$×316800=38016

Depreciated value after 2 years=316800-38016=278784

Amount of depreciation after 3rd year=$\frac{12}{100}$×278784=33454.08

Depreciated value after 3 years=245329.92

The total amount by which the value of the machine depreciated=360000-245329.92=114670.08

Answer 2

answer in the attachment....