Question

5. The cost of a new washing machine is 22000.
Its value is depreciated every year at the rate of
20%. What is its depreciated price after two
years?​

Answer 1

Step-by-step explanation:

20% of 22000 is 4400

so value of machine after first year 22000-4400=17600

Then value of machine after 2nd year

17600-4400=13200

Hope it helps :)