Question

the original cost of a machine is 10000 if the annual depreciation is 10% after how many years will it be valued at 6561 using gp solve it​

Answer 1

Answer:

Step-by-step explanation:

There are two common methods of computing depreciation

Straight Line method (SLM)

Written down value method (WDV)

By using written down value method which means calculating depreciation on written down value and not on original cost every year, the depreciation can be computed as follows:

1st Year

₹10,000 - 10% of 10,000 = ₹9000

2nd Year

₹9000 - 10% of 9000 = ₹ 8100

3rd Year

₹8100 - 10% of 8100 = ₹7290

4th Year

₹7290 - 10% of 7290 = ₹6561