Math, asked by malikanshul697, 1 year ago

The value of a machine depreciates 10% every year . IF it's present value is ₹387000, what was it's value 1 year

Answers

Answered by tarun935

Answer:

387000+38700 is equal to 425700

tarun935: sorry there was. an extra zero

ParthaSamal2004: No Buddy, that is wrong :(

ParthaSamal2004: It is 10% of x, not 10% of 387000

tarun935: oh

tarun935: sorry

tarun935: i cant do again

ParthaSamal2004: ok no problem.... mistakes do happen :)

Answered by ParthaSamal2004

Hey there!

Here is your answer :)

Here,

Rate = -10% (since it is depreciation)

Time = 1 year ago

Therefore (By using reverse percentage)

(90/100) of x = 387000

Therefore x = (387000*100)/90

= Rs. 430,000

Let's check:

10% of 430,000 = Rs. 43,000

Therefore remaining amount = Rs. 430,000 - Rs. 43,000

= Rs. 387,000

Hence, answer is correct.

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