Question

The cost of a machine is 250,000/- is depreciate
at the rate of 48 per annum
after three year
Find the cost or​

Answer 1

Step-by-step explanation:

SOLUTION:-

Present cost = rs. 2,50,000

Rate of depreciation = 4%

Time = 3 years

The present cost is the principal (p)

The depreciation rate is the rate (r)

The number of years is the time (n)

Formula for finding depreciated value

= p(1 - r/100)^n

So by using the formula we get

=2,50,000( 1 - 4/100)^3

=2,50,000(96/100)^3

=2,50,000×96×96×96/100×100×100

=rs. 2,21,184

So the cost of the machine after three years at depreciation value of 4% is Rs. 2,21,184

Answer 2

Answer:

The cost of a machine is 250,000/- is depreciate

at the rate of 48 per annum

after three year

Find the cost or