the cost price of a machine is 2,50,000.if the rate of depreciation is 10 /per year find the depreciation in price of the machine after 2 years.?
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Answer:
The cost price of a machine is Rs 2,50,000. If the rate of depreciation is 10% per year,
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Heya Anshi !
Here is your answer -
Here,P=Cost price of the machine=250000
A=Cost price after 2 years
I=Depreciation in price after 2 years
R=Rate of depreciation=10%
N=2 years
= 202500
Also,
L=P-A
=250000-202500
=47500
Hence, the depreciation in price of the machine after two years is Rs 47,500.
Purple you
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