The value of a machine depreciates at rate of 10% per annum. if its present value is rs. 1,00,000/-, what will be its value after 3 years
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Answered by
6
the value of machine after 3 years
=100000(1-10/100)^3
=100000(90/100)^3
=72900 answer.
=100000(1-10/100)^3
=100000(90/100)^3
=72900 answer.
Answered by
2
Answer:72900 or 70000
Step-by-step explanation:
It is based on the method of depreciation which is followed by entity.
In case of SLM- 100000*10%*3=30000
COST after 3 years 100000-30000=70000
In case of WDV/RVM: COST at end of 1st year 100000*90%=90000
Cost at the end of second year 90000*90%=81000
Cost at end of third year 810000*90%=72900
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