the value of a machine depreciate every year by 25 % .if the present value of the machine be 18000. what was its value last year
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Step-by-step explanation:
Find: 18000 is 75% of what number.
100% - 25% = 75%
Let "N" represent the value last year.
- 18000 = 75% x N
- 18000 = x N
- N = 18000
- N = 18000 x 100 / 75
- N = 24000
Answer:
The value of the machine last year was 24000
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