Question

A Machine was purchased for rupee 10,000. Its rate of depreciation is 10% in the first year and 5 % per annum afterwards. Find the depreciated value of Machine after 7 years of purchase (Given (0.95)*= 0.7351)
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Answer 1

Answer:

4000

Step-by-step explanation:

first yr depre=10% of 10k =1000

next 6rs 5%=500*6=3000