Question

. The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years
ago. If its present value is 291600, for how much was it purchased?​

Answer 1

Answer:

379080

Step-by-step explanation:

First, Find out the 30%of 291600 by: 291600/100*30 ( 3*10=30, by multiplying the depreciating value of 3 years

Second, it's answer will come  87480

Third, add 87480 and 291600

Fourth, the answer will come 379080

Mathematical,

depreciating value= 10*3 =30%

the depreciated amount= 291600/100*30

                                        = 87480

the initial value of machine= 874800+ 291600

                                            = 379080