a machinery worth Rs10,500 depreciated by 5% find its value after one year
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Answered by
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Step-by-step explanation:
The worth of machinery is Rs 10500
Rate of depreciation per annum = 5%
P= Rs10500.
R = 5%,
n= 1 year
A= P (1 - R/100 )n
= 10500 (1- 5/100)1
=10500(95/100)1
= Rs 9975
Therefore, the depreciated value of machinery after 1 year is Rs 9975...
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