Question

A machine costs ₹ 7500, its value decreases by 5% every year due to usage. What will be its price after one year ?

Answer 1

Answer:

Price of machine = 7500

Price of money after 1 year =

7500 × 5

100

75 × 5 = 375

Answer 2

Answer:

The answer is ₹7125.

Step-by-step explanation:

As per the question:-

Cost of the machine = ₹7,500

Decrease percentage per year = 5%

After one year = 7,500 × 5/100 = 75 × 5 = 375

∴ The answer is = 7,500 - 375 = ₹7,125

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