Question

the cost of a machine is Rs 18000 and it depreciates at 16 2/3% annually. what will be its value after 2 years.

Answer 1

Answer:

Cost of machine = ₹ 18000 Depreciation rate = 1623% = 503% p.a time period = 2 years ∴ As per depreciation formula, Depriciated value = Original value (1 – r/100)n Substituting in above formula, we get Read more on Sarthaks.com - https://www.sarthaks.com/990631/the-cost-of-machine-is-18000-and-it-depreciates-at-16-3-annually-its-value-after-years-will