the value of a machine depcrates every years by 15% if the percent value of the machine rupees 150000 what will be its value after 3 years?
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Answer:
₹92118.75
Step-by-step explanation:
depreciation percentage (d%) = 15%
time (t) = 3years
original value (OV) = ₹150000
valueafter3years = (1 - 15/100)^t × OV
= (85/100)³ × 150000
= 85/100 × 85/100 × 85/100 × 150000
= ₹92118.75
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