The cost of a machine depreciates by 10% every year.
If its present worth is *18,000; what will be its value
after 3 years?
by 200% every
Answers
Answered by
3
Step-by-step explanation:
P= rs. 18000
R= 10%
n= 3 years
So, the price of the machine after 3 years
= 18000×(1-10/100)³
=18000×{(10-1)/10}³
=18000×(9/10)×(9/10)×(9/10)
= 18×729
=Rs. 13122
Answered by
2
in this type of questions you can apply CI formula bcoz they increase or decrease in same manner as in CI our intrest increase .
I hope you got it.
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