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Answer:
⇢ .
Step-by-step-explanation:
Given:-
⇢ The cost of a machine is estimated to be decreasing at the rate of 15℅ every year.
Find:-
⇢ If the cost of rs 6000 now, what will be the estimated value of the machine after 2 years?
Calculations:-
First year:
⇢
⇢
Cost of machine end of first year:
⇢
⇢
Second year:
⇢
⇢
Cost of machine end of second year:
⇢
⇢
Therefore, 1665 is the estimated value of the machine after two years.
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