Question

the present value of a machinery is ₹16000 . if its value depreciates 6% in the first year , 5% in the second year & 4% in the third period , what will be it's value after 3 years ?​

Answer 1

Answer:

given ,

Present Price of the machinery(p)=RS. 16000

Rate of depreciation (R1,R2,R3)= 6%,5%,4%

Time (T)=3 years

Step-by-step explanation:

we know,

the cost of the machinery after 3 years= P (1-R1/100)(1- R2/100) (1- R3 /100)

                                                = 16000 x (1-6/100)(1-5/100)(1-4/100)

                                               = 16000 x 0.94 x 0.95 x 0.96

                                                   =16000 x 0.85728

                                                  = 13716.48