During every financial year, the value of a machine depreciates by 10%. Find the original value of the machine which depreciates by rs.2250 during the second year.
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During every financial year, the value of a machine depreciates by 10%. Find the original value of the machine which depreciates by rs.2250 during the second year.
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《✭》Required《✭》
• Let the original cost of machine=rs.100
Depreciation during 1st year =10% of 100= rs.10
Value of machine at the beginning of 2nd year= rs.100- rs.10= rs.90
Depreciation during 2nd year =10% of 90=rs.9
Now, when depreciation during 2nd year= rs.9 and the original cost= rs.100
A.T.Q.
• Depreciation during 2nd year= rs.2250
Original cost=100/9×2250= 25000
✭So the original cost of the machine is rs 25000✭
♡~Hope it helps you...
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