Question

Machinery worth Rs. 10000 depreciated by 5%. Find its value after 1 year.

Answer 1

9500rs

sorry but not sure

Answer 2

hey mate!

Formula is a = p(1-r/100)^n             --------------------- (i)

Given p = 10000, r = 5, n = 2

On submitting values in (i), we get

a = 10000(1-5/100)^1

   = 10000(95/100)

   = 9500 rs.

Hope this helps!