Question

The cost of a machine is supposed to :
depreciate each year by 12% of its value at
the beginning of the year. If the machine is
valued at 44,000 at the beginning of 2008,
find its value :
(i) at the end of 2009.
(ii) at the beginning of 2007.​

Answer 1

Answer:

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Answer 2

Answer:

(I) value of depreciation at the end of 2008:

44000×12%

= 5280

value of depreciation at the end of 2009:

38720×12%

=4646

value of machine at the end of 2009= Rs. 34074

(ii) Let the value of machine at the beginning of 2007 be X.

X -(12%× X)= 44000

or, x- (12x/100)=44000

or, 100x-12x/100=44000

or, 88x =4400000

or, X =50000