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The cost of a generator is Rs.1,60,000. If its value depreciates at the reate of 5% per annum, whatwill be its value after:
a) 2 years,
b) 3 years.
PLEASE GIVE ME THE CORRECT ANSWER OF THIS WITH STEP BY STEP EXPLAINATION.
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2
Answer:
pls check the Ans in the attachment
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Answered by
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Answer:
Two years =144,400
Three years=137,180
Step-by-step explanation:
For first year
160,000×95÷100
=152,000
For second year
152,000×95÷100
=144,400
For third year
144,400×95÷100
=137,180
Hope you understood
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