Question

The value of a machine depreciates at the rate of 10% after every year. Its purchase price if at the end of two years isRs. 11340. What is its original value?

Answer 1

Answer:

Step-by-step explanation:

Let the original value be x

After 1 year,the value is x - 10%(x)

That is 9x/10

After 2 years from starting

The value is 9x/10 - 10%(x)

That is 8x/10

So 11340(given)=8x/10(according to calculation)

X= 11340×10/8

X=113400/8

X= 14,175

Therefore the original value of the machine is Rs.14,175

Hope it helps you.....