Machinery worth rs.10000 depreciated by 5 percent . find its value after 1 year
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Given, value of machine = 10000
Rate of depreciation = 5%
Time 1 year
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Price (1 - r/100)^n (where r is rate of depreciation and n is time)
Given p = 10000, r = 5, n = 2
= 10000 (1-5/100)^1
= 10000 (95/100)
= 9500
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inhumandrowsey:
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hi....
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