Sri Ram paid Rs. 200 for a machine. At the end of 7 years it was valued at Rs. 95. Assuming the yearly depreciation is a constant amount find the annual depreciation.
priyanshukk:
answer is 15
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Answered by
99
Let the Annual depreciation be x.
We know that,
95 = 200 - 7x
7x = 200 - 95 = 105
7x = 105
x = 15 .
Therefore, The yearly depreciation is 15
We know that,
95 = 200 - 7x
7x = 200 - 95 = 105
7x = 105
x = 15 .
Therefore, The yearly depreciation is 15
Answered by
70
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