Question

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.

Answer 1

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

Answer 2

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