The value of a bike, bought at Rs. 90,000 depreciates by 10% p.a. It's value after 2 years is what?
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Answer:
Let us suppose the value of the machine 1 year ago be 'x'
10% of x =x×
100
10
=
10
x
As per question
x−
10
x
=38700
10
9x
=38700
9x=387000
x=
9
387000
x=43000
Hence the value of machine 1 year ago will be Rs.43000
Step-by-step explanation:
I am not pretty sure about it
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