38) a) A machinery worth Rs 10,500 depreciated by 5%. Find its value after one year.
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Step-by-step explanation:
Given, principal = 10500, R = 5%, Time n = 1 year.
We know that A = P(1 + r/100)^n
⇒ 10500(1 + 5/100)^1
⇒ 10500(1 + 1/20)
⇒ 10500(21/20)
⇒ 11025.
Therefore, value after 1 year = 11025.
Hope this helps!
Answered by
0
Given, principal = 10500, R = 5%, Time n = 1 year.
We know that A = P(1 + r/100)^n
⇒ 10500(1 + 5/100)^1
⇒ 10500(1 + 1/20)
⇒ 10500(21/20)
⇒ 11025.
Therefore, value after 1 year = 11025.
Hope this helps!
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