Machinery worth 10000 depreciated by 10%. Find its value after 1 year
Answers
Answered by
1
Step-by-step explanation:
Initial worth =10000, Depreciation =5%
Value after 1 year = Initial worth – Depreciation =10000–5% of 10000
Value =10000−(
100
5
)×10000=9500
the machinery will be worth Rs.9500 after a year.
Similar questions