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Answer:
answer is as given in the photo hope it helps you.
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Question:
The cost of a machine is 2,50,000 it depreciates at a rate of 4% per annum. Find the cost of machine after 4 years
Given :
The cost of a machine is ₹ 250000. It depreciates at the rate of 4% per annum.
To Find:
The cost of the machine after 3 years.
Formula Used:
Solution:
Therefore by using the Formula
Answer:
Therefore the cost of the machine after 3 years is 2,21,184
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