piece of equipment cost a certain factory rupees 6,00,00 if it depreciates in the value 15% the first year,13.5 %the next year, 12% the third year and so on what will be its value at the end of 10 years ,all percentage of applying to original cost???
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Answer:
Rs 10,500
Step-by-step explanation:
rate of depreciation in value for 10 years = 15% ,13.5% ,12% ,10.5% ........
d = 1.5 % ,n = 10
it's depreciating/decreasing So last term = 15 - (10-1)1.5 = 1.5 %
total value depreciated
= 10/2( 15% + 1.5%) = 82.5%
value remaining = 100% - 82.5%
= 17.5%
value after 10 yrs = 17.5% of 6,00,00
= Rs 10,500 Answer
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