Question

A machine worth ₹ 24000 depreciated by 5%, Find its value after one
year.

Answer 1

$Given \: worth \: of \: a \:machine (x) = Rs\:24000$

$Depreciation (d) = 5\%$

$Time (T) = 1 \:year$

$\red{ Value \: of \: of \: the\: machine \:after \: 1 \:year} \\= x\Big( \frac{100-d}{100}\Big) \\= 24000 \Big( \frac{100-5}{100}\Big) \\= 24000 \times \frac{95}{100} \\= Rs\:22800$

Therefore.,

$\red{ Value \: of \: of \: the\: machine \:after \: 1 \:year}\\\green{ = Rs\:22800}$

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