The value of a machine depreciates 10% annually. Its present value is Rs. 64800. Find its value 2 years ago
Answers
Answered by
1
Answer:
77760
Step-by-step explanation:
20% OF 64800=20/100 X 64800
=12960
VALUE 2 YRS AGO=64800+12960
=77760
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Answered by
3
Step-by-step explanation:
P = 64800, R =10% , n = 2
Value of the machine before two years = P(1- R/100)n
= 64800(1-10/100)²
= 64800(0.90)²
=64800 × 0.81
=52488
Thus, the value of the machine before
two years will be Rs 52488
Depreciation = Rs 64800 - Rs 52488
= Rs. 12312
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