calculate the value of the machine at the end of 1979 and 1981
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The value of the machine at the end of 1979 is Rs.20000. and the value of the machine at the end of 1981 is Rs.16928
Step-by-step explanation:
Let x be the value of machinery in the end of 1979
We are given that it is supposed to depreciate each year at 8%
So, Value of machinery after 1 year i.e. in 1980 =
We are given that machinery of a certain factory is valued at Rs.18400 at end of 1980.
So, the value of the machine at the end of 1979 is Rs.20000.
Value of machine in 1980 = 18400
Value of machine after 1 year i.e. at the end of 1981 =
Hence the value of the machine at the end of 1979 is Rs.20000. and the value of the machine at the end of 1981 is Rs.16928
Hope it helps :)
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