A machine is purchased for Rs 770000. It's value depreciated at the rate of 5% per annum.What will be the value after 2 years.
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Amount=P(1-R/100)^t
A=Rs770000(1-5/100)²
A=Rs770000×95/100×95/100
A=Rs77×95×95
A=Rs694925
A=Rs770000(1-5/100)²
A=Rs770000×95/100×95/100
A=Rs77×95×95
A=Rs694925
ronaldo1054:
thank you very much.Answer is OK.
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