Question

a machine cost 1,20.000 depriciates at the rate of 5%p.a. what will be its value after 2 years?​

Answer 1

Answer:

here, price of machine(v.)=1,20000

decreased rate (r)=10 percent per year

time (t)=2 years

we know that, value after t years =v.(1-R/100)^t

=1,20000(1-5/100)^2

=1,20000×0.9025

=Rs.108300