Question

The value of a machine depreciates 10% every year. If its present value is Rs 387000, what was its value 1 year ago?

Answer 1

Let us suppose the value of the machine an year ago=x.
It's 10% will be x*10%=x/10
If we analyze the question we can say that

X-X/10=387000
9X=3870000
X=3870000/9
Therefore X= Rs. 430000

Answer 2

The estimation of a machine devalues 10% consistently.

Suppose its present esteem is Rs 387000, the esteem 1 year prior is - Let us assume the estimation of the machine multi year ago=x.

It's 10% will be x*10%=x/10 If we investigate the inquiry we can state that X-X/10=387000 9X=3870000 X=3870000/9 Therefore X= Rs. 430000.