Question

The cost of machine is supposed to depreciate by 10% every year. Present cost of machine is Rs 810000. Find the actual cost of machine if it was purchased 2 years before. [2]​

Answer 1

Answer:

656100 rs.

Step-by-step explanation:

let be the price two year ago is 810000

dep for 1st year = 810000*10%

=81000

amount at beginning of 2nd year =810000-81000

=729000

dep for 2nd year = 729000*10%

= 72900

so the actual amount of machine at present is 729000-72900 = 656100. ans.