The value of a machine depreciates at the rate of 10% p.a.After how many full years will the value of the machine become less than two- third of its intial value
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Answer:
Step-by-step explanation:
value of machine before two years =
let the value of machine before one year is X
x -10x/100= 162000
x= 180000
now let the value of machine before previous year or two year ago
x-10x/100= 180000
x= 200000 RS
I hope its help u mate ✔❤
❤_________Thanks
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