the value of a machine depreciates 10% every year if its present value is 38700 find its value year ago
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Answered by
22
Let the value of the article 1 yr before be x
Therefore the present yr will be 9x/10
=38700=9x/10
=x=43000
And hence the present value =43000
And please mark me as brain list
Therefore the present yr will be 9x/10
=38700=9x/10
=x=43000
And hence the present value =43000
And please mark me as brain list
Anonymous:
Thanks
Answered by
4
43000
old value to new value- -1/10
so new value to old value +1/9
old value to new value- -1/10
so new value to old value +1/9
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