Question

The value of a machine depreciates 10% every year. If its present value is ₹ 387000. What was it's value 1year ago?

Answer 1

Ur answer is here dear....

Answer 2

Given :

The value of a machine depreciates 10% every year.

To Find :

If its present value is ₹ 387000. What was it's value 1 year ago?

Solution:

Let the value of machine 1 year ago be x

The value of a machine depreciates 10% every year.

So, Value after 1 year = $x-10\%x=x-0.1x=0.9x$

Its present value is ₹ 387000.

So, 0.9x=387000

$x=\frac{387000}{0.9}$

x=430000

Hence The value of machine 1 year ago is Rs.430000