Question

The cost of machine is ₹18000 and it deprecates at 50/3% annually. It's value after 2 years will be

Answer 1

HERE IS YOUR ANSWER

AMOUNT :

$18000(1 + \frac{50}{3 \times100} ) ^{2}$

$18000(1 + \frac{1}{6} ) {}^{2}$

$18000 \times \frac{7}{6} \times \frac{7}{6}$

$500 \times 7 \times 7$

$24500$

Hence,after 2 years the value of machine will be ₹24500 .