Question

The value of a machine depreciates 5% every year.If the present value is rs 10000.What will be the value after 2 years

Answer 1

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Answer 2

Step-by-step explanation:

Value depreciates by 5% every year

Present value=10000

Value after one year:

5/100 ×10000

= Rs.500

So value after one year= 10000-500

= Rs. 9500

Value after 2 years:

5/100 × 9500

= Rs. 475

So value after 2 years= 9500-475

=Rs. 9725

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