Question

The present value of a machine is Rs 160000. If its value depreciates 6% in the first year, 5% in the second and 4% in the third year, what will be its value after 3 years? Ans is Rs 1,37,200.

Answer 1

Step-by-step explanation:

Depreciates rate At 1st year=6/100 ×160000=9600Rs

Now

Remaining Amount =160000-9600=150400

Now

Depreciates Rate After 2 year=5/100×150400=7520Rs

Now

Remaining amount=150400-7520=142880Rs

Depreciates rate After 3 years=4/100×142880=5712. 2Rs

Remaining amount=142880-5712.2=137168

Answer is 137168

But Given answer is Question is wrong... U can verify this answer By adding remaining terms

U get 160000