Question

Page No
Date
price
The the cost
a machine
is RS 2,50,000. if the rate of depreciation is 4 percent per year, find the cost of machine after two year
​

Answer 1

Answer:

Step-by-step explanation:

⇒ Depreciation in price = Rs. 50000

Step-by-step explanation:

Cost price of the machine is given to be Rs. 250000

Rate of depreciation per year is given to be 10%

We need to find the depreciation in price after 2 years

⇒ Total rate of depreciation = 2 × 10 = 20%

Now, Depreciation in price = 20% of Cost price of a machine

⇒ Depreciation in price = 0.20 × 250000

⇒ Depreciation in price = Rs. 50000