A manufacturer reckons that the value of a machine which costs him Rs.31250 depreciates each year by 20%. Find its value after 2 years.
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Machin cost= Rs.31250
Decrese=20/100×31250
=Rs.6250
Therefore after 1 year
Price=Rs.31250-Rs.6250
=Rs.25000
Again decrease=20/100×25000
=Rs.5000
Therefore after 2 year
Price= Rs.25000-Rs.5000
=Rs.20000(Ans)
Hope it helped...
If so pls mark it Brainliest.....
Decrese=20/100×31250
=Rs.6250
Therefore after 1 year
Price=Rs.31250-Rs.6250
=Rs.25000
Again decrease=20/100×25000
=Rs.5000
Therefore after 2 year
Price= Rs.25000-Rs.5000
=Rs.20000(Ans)
Hope it helped...
If so pls mark it Brainliest.....
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