Machine the value of the machine depreciates every year by 5% the present value of the machine bhi rupees 100000 what will be the its value after 2 years
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the value of machine decreasing=5%/year , present value=100000 after 1 year its value =5÷100×100000=5000 therefore value of machine after 1 year =100000-5000=95000 after2 year value =5÷100×95000=4750
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