Question

Hlw mates... please help...
A machine depreciates at 12% p.a . if it was purchased 2 years ago , and its present book value is Rs. 4,840 /-what was its purchase price?
Don't spam.. Spam answers will be reported..!!

Answer 1

Answer:

A = P (1- r/100 ) n

amount is 4840

rate = 12%

time (n) = 2 yrs

4840= p (1 - 12/100) 2

4840×100×100 /88×88

= 6250 .

the value at which it's purchase is = 6250.

Answer 2

YOUR ANS :- THANKS MY ANSWERS