Question

The value of a machime depreciates every year by 10 percent . If its present value is 90000 what will be its value after two years

Answer 1

if the value depreciate 10% every year then it present value is 90000 after two year it depreciates 20%so the 20% of 90000 is 18000 . we depreciate 90000 - 18000 = 72000

Answer 2

I hope you'll get it now easily.