Question

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 1

Answer:

Let the value of machine 2 year ago is x

Thenx×10090×10090=162000

⇒x=90×90162000×100×100

⇒x=200000

Answer 2

Answer:

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Step-by-step explanation:

200000