Question

A machine depreciates each year at 8% of its value in the beginning of the year. If its value
be 57500 at the end of the year 2015, find :
(1) its value at the end of the year 2014, (ii) its value at the end of the year 2016.​

Answer 1

Answer:

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Step-by-step explanation:

value of machine at the end of year 2014= 57500+8%of 57500

=57500+8/100*57500

=57500+4600

= Rs. 62100

value of machine at the end of year 2016=57500-8%of 57500

=57500-8/100*57500

=57500-4600

= Rs. 52900

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