The value of a machine depreciates 10%annually. if its present value is ₹25000,what will be its value after 1year
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Step-by-step explanation:
let the value of the mechine 1 year be x
then, its present value = 90% of x.
X x 90/100 = 9×/10
9×/10 =25000 == ×=25000× 10
9
= 27777.77
value of the machine 1year =27777.77
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