a machine value is decreasing 10% every year its present value is 387000 what was its value one year ago
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Let the previous value be x
(value of machine 1 year ago.)
Present value=0.9x=387000
On solving we get
x=430,000
So, x=Rs 430,000
(value of machine 1 year ago.)
Present value=0.9x=387000
On solving we get
x=430,000
So, x=Rs 430,000
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