Question

the cost of a machine depreciates every year at the uniform rate of 5% . What will be its cost after 3 years if its present cost is rs 80000?

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Answer 1

Answer

68590

Step-by-step explanation:

5 /100 *80000= 4000

80000-4000=76000

5/100*76000=3800

76000-3800=72200

5/100*72200=3610

72200-3610=68590