A machinery worth rs 10500 depreciated by 5%. Find its value after 1 yaer
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Hello Mate,
P=rs 10500
R=5%
T=1year
•:A=P[Time-Rate/100]
A=10500[1-5/100]
A=10500×0.95
A=Rs 9,975
Hope this helps you
P=rs 10500
R=5%
T=1year
•:A=P[Time-Rate/100]
A=10500[1-5/100]
A=10500×0.95
A=Rs 9,975
Hope this helps you
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