Question

The present price of a machine is Rs. 57600 . If its value depreciated by 4% every year, what was its value two years ago ?​

Answer 1

Answer:

62500

Step-by-step explanation:

let take the three years 2018,2019,2020.

here,2020 is the present year,

let in 2018, price of machine was A.

{ (A×96/100)×96/100 }=57600

A=62500 ₹