Question

Ramesh bought a machine for his factory for 360000 if the value depreciates by 12% every year by how much will the value of the machine depreciates at the end of the third year

Answer 1

Answer:Rs 245330

Step-by-step explanation:

Cost of machine=360000

After 1st year=360000-12%

=316800

After 2 year= 316800-12%

=278784

After3rd year=278784-12%

=245329.92

Or

= Rs 245330

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