Question

5. During every financial year, the value of a
machine depreciates by 12%. Find the original
tor
cost of a machine which depreciates by
* 2,640 during the second financial year of its
purchase.
: *he difference between


Solve in the form of x​

Answer 1

Answer:

Let the original cost of the machine =Rs.100

so Depreciation of the first year=Rs.12

∴value of the machine at the end of first year=100−12=Rs.88

Deprecation at the second year=12%

∴Value of the machine at the end of second year=

100

12

×88=10.56

∴ value of the machine at the end of second year=88−10.56=Rs.77.44

if Rs 77.44 is depreciation then the cost of the machine=Rs.100

If Rs.2640 is depreciation then the cost of the machine=

77.44

100

×2640=Rs.3409.09=3409(round off)

Step-by-step explanation:

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