the value of a machine depreciate 10 percent every year if its present valueis Rs 387000,what was its value 1 year ago ?
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Answer:
Rs. 430000
Step-by-step explanation:
Given,
- The value of a machine depreciate 10 percent every year if its present valueis Rs 387000
To find,
- The machine's value 1 year ago.
Solution,
Let's suppose the value of the machine an year ago = x
It's 10% will be x × 10% = x×10/100=x/10
According to the question,
Hence,the machine's value is Rs.430000 1 year ago.
Hope this helps you✌✌
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