A Machinery depreciates each year by 3% of its value at the beginning of each year. If it's present value is ₹94090, find its value two years back.
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Answer:
Let the value of machine 2 year ago is x
Thenx×
100
90
×
100
90
=162000
⇒x=
90×90
162000×100×100
⇒x=200000
Step-by-step explanation:
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