Question

the present value of a machine is rupees 10000 its value depreciates every year by 10 percent what will be its value after 2 years............PLEASE SOLVE IT IS URGENT AND I WILL MARK IT AS A BRAINLIEST

Answer 1

I feel this machine is depreciated using the Reducing Balance Method.
If the value of the machine at the beginning of year 1 is 10,000 and then it reduces by 10%, the value of the machine at the end of year 1 is:
10,000 * (100%-10%) = 9,000
And again, at the end of Year 2, we follow a similar route:
9000 *(100%-10%) = 8,100