Question

The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years ago. Its present
valucis Rs.26389.80, the purchase price of the machine (in rupees), was ? ​

Answer 1

Answer:

the value of machine depreciates per annum 10per in 3 years 30 percent value reduced

the present cost =26389.80

30 percent of 26389.80 is 7916.94

so the real cost or the cost In which machine buys =

present cost + 30 percent depreciation

26389.80 + 7916.94

34306.74 answer

Answer 2

Answer:

it decreases 10% per year

i.e. in 3 years (1-1/10) ^3

26389.80/(1-1/10)^3

=36200